Economic Growth Between India And India
However, the growth outlook has upside risks too, particularly evolving from the spread of coronavirus and the availability of the vaccine.
The resurgence in COVID cases domestically or globally may lead to stricter lockdown measures and thus Ecobomic risk-aversion will potentially weigh on the growth outlook. Apart from the trend in COVID cases, uncertainty stemming from faster tightening of domestic financial conditions, higher-than-expected stressed asset creation, and slower recapitalisation of PSU banks are likely to weigh on the growth trend, the report underlined. On the external front, risks could also emerge https://amazonia.fiocruz.br/scdp/blog/story-in-italian/gender-differences-and-the-threat-of-gender.php a slowdown in global growth, changes in commodity prices, and swings in capital flows.
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Also, given the back-drop of sticky inflation and a continued recovery in growth, it is expected that RBI may hold rates until 3Q CY21 and the discussion will shift towards the sustainability of the growth recovery, inflation risks, and the monetary policy reaction. A steady improvement in private sector demand is also likely as the coronavirus click gradually dissipates. Further, it is expected to expand by 4. Financial Express is now on Telegram.
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Click here to join our Grwoth and stay updated with the latest Biz news and updates. Will India regain lost strength in ? Apart from the trend in COVID cases, uncertainty stemming from faster tightening of domestic financial conditions, higher-than-expected stressed asset creation, and slower recapitalisation of PSU banks are likely to weigh on the growth trend. India's growth outlook has upside risks too, particularly evolving from the spread of coronavirus and the availability of the vaccine. Related News.
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Certainly. So happens.