• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India Is In Multiple Sweet Spots From Geo-Strategic To Demographics

OMMCOM NEWS by OMMCOM NEWS
February 26, 2024
in Business
economics

New Delhi: India is in multiple sweet spots. From geostrategic to demographics, there are plenty of well-discussed motivating factors for global investors to look at India favourably, Taimur Baig, MD and Chief Economist, DBS Group Research and Nathan Chow, Senior Economist, DBS Group Research, said in a note.

Domestic infrastructure, both physical and electronic, has improved considerably, social welfare has expanded, consumer confidence has risen, and asset markets are buoyant.

External balances, long susceptible to volatile investment flows and global energy shocks, are beginning to turn for the better as services surplus offsets most of the trade deficit, it said.

“All of this is remarkable given that India has faced two major shocks since 2020. First was the economic contraction during the Covid pandemic, while the second was the food/energy terms of trade shocks after Russia’s invasion of Ukraine. At currently projected growth rates, it will only be in 2026 that India will make up the ground lost during the pandemic, illustrating the magnitude of the shock,” the research said.

Meanwhile, buying crude oil from Russia and exporting some of it in refined form was a shock absorber in 2022-23. Looking at the 2024 outlook, although inflation remains under RBI’s scrutiny, the economy seems to be doing just fine without additional monetary or fiscal easing. Looking at demand markers both at urban and rural areas, real GDP growth of 5.5-6.5% is par for the course now, it said.

The report said India needs to reduce tariff and nontariff barriers to trade and make progress towards becoming embedded in the regional supply and value chains. No economy is large enough to do it alone in this world of complex production processes. Regional cooperation and openness to trade will provide India with the kind of high return endeavours critically needed for the prosperity the nation aspires.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Odisha To Recruit 89 Cops For Posting At Baramunda ISBT Police Outpost In Bhubaneswar

Next Post

RLD Mlas Meet CM Yogi, Assure Him Of Support In RS Polls

Related Posts

Business

Set To Invest $15-20 Billion Across Businesses In Next 5 Years: Gautam Adani

June 1, 2025
Business

IndiGo Places Order For Another 30 Wide-Body A350 Aircraft With Airbus

June 1, 2025
Business

India’s GST Collections In May Surge Over 16 Pc To Rs 2.01 Lakh Crore

June 1, 2025
indigo
Business

IndiGo Signs Partnership To Expand Long-Haul Flights To Europe, UK, North America

June 1, 2025
Indian stock markets
Business

RBI MPC, PMI Data, FII Activity, Global Economic Indicators To Drive Stock Market Next Week

June 1, 2025
Business

Indian Bond Market Shines Amid Falling Inflation: Jefferies

May 31, 2025
Next Post
RLD leaders

RLD Mlas Meet CM Yogi, Assure Him Of Support In RS Polls

Mallikarjun Kharge

End Injustice Done To India's Youth By Implementation Of Agnipath Scheme: Kharge Writes To President Murmu

Narendra Modi

PM Modi to inaugurate projects worth Rs 1,800cr in Kerala on Feb 27

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.