{"id":4167,"date":"2023-02-24T16:43:00","date_gmt":"2023-02-24T11:13:00","guid":{"rendered":"http:\/\/13.235.158.174\/hfc\/?p=4167"},"modified":"2024-05-08T16:44:59","modified_gmt":"2024-05-08T11:14:59","slug":"the-indian-economy-remains-resilient-outlook-less-rosy-due-to-a-mix-of-international-and-domestic-factors","status":"publish","type":"post","link":"http:\/\/43.204.86.36\/hi\/the-indian-economy-remains-resilient-outlook-less-rosy-due-to-a-mix-of-international-and-domestic-factors\/","title":{"rendered":"The Indian economy remains resilient; outlook less rosy due to a mix of international and domestic factors"},"content":{"rendered":"<p>Despite outsized increases in interest rates across the world, inflation remains above the central banks&#8217; comfort levels. Accordingly, the central banks are likely to continue to focus on &#8220;calibrated&#8221; tightening. High-frequency indicators for the domestic economy suggest sustained momentum; however, we remain cautious of demand remaining robust in FY24 owing to a weaker global economy and uneven recovery in employment. The fiscal policy remains conducive to growth with the budget&#8217;s continued focus on investment led growth strategy. Meanwhile, with core inflation remaining persistently at elevated levels, the possibility for another rate hike has increased in the April policy meeting.<\/p>","protected":false},"excerpt":{"rendered":"<p>Despite outsized increases in interest rates across the world, inflation remains above the central banks&#8217; comfort levels. Accordingly, the central banks are likely to continue to focus on &#8220;calibrated&#8221; tightening. High-frequency indicators for the domestic economy suggest sustained momentum; however, we remain cautious of demand remaining robust in FY24 owing to a weaker global economy [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,6],"tags":[],"class_list":["post-4167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-macro-economic-monitor","category-research-reports","macro-economic-monitor","research-reports"],"acf":[],"_links":{"self":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/comments?post=4167"}],"version-history":[{"count":3,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4167\/revisions"}],"predecessor-version":[{"id":4172,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4167\/revisions\/4172"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/media\/3973"}],"wp:attachment":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/media?parent=4167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/categories?post=4167"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/tags?post=4167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}