In February, the upcoming Monetary Policy Committee meeting will be “spring -positive surprise” according to Jefferies. Brokerage said that the remedy can take a development-family approach. However, on budget 2025 it is cautious that given the possibility of recession in capital expenditure.
Jeffers said in a note that RBI policies could take a growth-supporting turn, especially the government expected to take a tight fiscal stance on 1 February. The recent step to provide liquidity by the central bank is a positive indicator, it is said.
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(Tagstotranslet) Nirmala Sitarman (T) Budget (T) Budget 2025
