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The year 2024 can be characterised as a “strong start, weaker finish” for India’s economy. It started with Goldilocks-like settings, with real gross domestic product (GDP) growth closer to 8 per cent and gradually easing inflation. In the last few months, however, policy tradeoffs have worsened, due to a sharper-than-expected slump in GDP growth, higher food inflation, and currency depreciation pressures. As we turn the page, what does 2025 hold in store?
The global backdrop appears challenging: Uncertainty remains high due to Trump 2.0 policies. We expect President-elect Donald Trump to strike fast and hard on imposing tariffs, leading to
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
