India's Inflation Eases to 5.1%, Boosting Growth Outlook
- India's retail inflation eased to 5.1% in January, a 3-month low
- Inflation expectations may stabilize and edge down but pressures from cereals and proteins remain
- Favorable inflation supports corporate expansion plans amid rising demand
- Agriculture outlook improving for next fiscal year
- India's debt-to-GDP ratio projected to drop to 73.4% by 2030-31, below IMF forecast
