India expected to remain stable amid US China trade war in 2025: Goldman Sachs

Thursday, 21 November 2024
Goldman Sachs predicts India's economy will experience a cyclical slowdown, with GDP growth decelerating to 6.3 percent by 2025. Despite this, the country is expected to remain largely unaffected by potential US-China trade war disruptions. The Reserve Bank of India is anticipated to maintain a cautious monetary policy, with potential interest rate cuts totaling 50 basis points by mid-2025.

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