Q2 real GDP growth to slow down to 6.5% in Sep quarter: SBI economists
Though we believe this is a temporary impasse only and the narrative might change completely in Q3FY25 onwards, they said.
Though we believe this is a temporary impasse only and the narrative might change completely in Q3FY25 onwards, they said.
It can be noted that in the past, the Reserve Bank has also expressed risks of financial stability because of the fast growth in stock markets.
The SBI economists said bringing petrol and diesel under the goods and services tax is an unfinished agenda of the GST framework and getting the prices under the new indirect taxes framework can help.
