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Consumption demand faces risk from global headwinds, parliamentary panel informed
Indian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service exports and foreign exchange reserves are expected to provide a buffer against external shocks. While inflation and currency volatility are concerns, India's economy is showing resilience. Government spending is increasing, but private investment needs a boost.
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economictimes.indiatimes.com
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Parliament panel meeting discusses concerns over rupee, sluggish private investment
Members of a parliamentary committee voiced concerns about the rupee's decline and slow private investment. The government stated India's economy is strengthening despite global…
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Consumption demand faces risk from global headwinds, parliamentary panel informed
Indian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service exports and foreign exchange reserves are…