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India Business News: India's pace of economic expansion is accelerating, giving a shot in the arm to GOI's credibility, encouraging private industry, and giving RBI leeway in stabilizing the rupee. Inflation has also collapsed, and the share of food in the consumption basket has declined. The rise in investment signals economic growth sustainability. ....
Falling consumer activity and uncertainty around the 2024 presidential election could complicate the state’s job growth, a Dallas Fed economist said. ....