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All India Bank Employees’ Association (AIBEA) national general secretary Ch. Venkatachalam on Saturday said that the Union budget was highly disappointing as it had not addressed any of the basic issues being faced by the Indian economy at present.
BENGALURU, June 23 (Reuters) - The Indian economy will grow a robust 6.1% this fiscal year fueled mainly by strong government spending, according to a Reuters poll of economists who also said consumption and exports will be the biggest drag.
But, FPIs shifted gears and turned buyers in March and incessantly purchased equities till August on the resilience of the Indian economy amid an uncertain global macro backdrop.
He also believes that along with the rapid growth of the Indian economy "we expect to see a further boost to two-way trade and investment."
His plea said as a citizen of India, Waze has the highest regards for Ambani and his family members for their contribution in growth of the Indian economy.
"Indian economy is displaying continued consumption-led growth in both the rural and the urban segments of the country.
Second, the Indian economy is still relatively unstable, which could make it difficult to get consistent returns on investment.
Source: https://uwstinger.com/indiabased-81m-series-global-1-2msinghtechcrunch/
The discussion comes as the Reserve Bank of India said in a report that even as global growth is set to weaken in 2023, the Indian economy may not slow down and is likely to maintain the pace of expansion witnessed in 2022-23.
The Indian economy is also faring better.
The thing is that the fundamentals of the Indian economy have improved significantly in the last couple of months and a lot of concerns that were loom large have since been alleviated.