Key Points
The Chief Economic Advisor of India, V Anantha Nageswaran, has stated that private investment is taking place in the country and inflation is not a major concern..
Nageswaran also mentioned that the geopolitical situation needs to be closely monitored, although it is not currently expected to have a significant economic impact..
He expressed optimism about India's economic growth, citing a rebound in private sector capital investments. Chief economic advisor (CEA) V Anantha Nageswaran..
Private investment is happening in India, and inflation is not a concern, but crude oil prices and tightening global monetary conditions pose a risk, said chief economic advisor (CEA) V Anantha Nageswaran...
"Crude oil price is clearly a factor and, of course, the second factor is global financial conditions becoming tighter, not only due to interest rates but also due to stock markets, which have been showing signs of going nowhere, and they have to break out one way or the other," he said...
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