Economy in Focus: India Budget, US Fed, and RBI Meetings to Set Economic Course Amid Global Uncertainty
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The economy-related news cycle next week includes IMF's World Economic Outlook update, India's Economic Survey, US Federal Reserve meeting, India's union budget, and RBI monetary policy meeting.
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The union budget shows the government's income, spending, and fiscal deficit. High deficits can hurt private investment and cause inflation.
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This interim budget seals 10 years of BJP governance. Revised estimates for 2023-24 matter more than projections for 2024-25.
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Key 2024-25 budget aims boost consumption, incentivize private investment, reduce fiscal deficit, contain inflation.
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The RBI monetary policy meeting will set interest rates based on the budget and global factors like the US Fed meeting.