Tag: Economy
The Indian economy should continue to benefit from fast growth in consumer spending amid low inflation, cuts in the goods and services tax, the easing in monetary policy, and strong investment in infrastructure by the government, while service sector growth is likely to remain robust, aided in part by exports
Office market continued its strong performance in Q2 2024, registering 15.8 million square feet of office leasing across the top 6 cities, marking a notable 16% rise over previous quarter. 4 out of 6 cities saw more than 20% increase in office leasing in the second quarter on a sequential basis, signaling robust occupier confidence and market sentiment.
The fundamental drivers of credit demand are broadly intact and a revival in private corporate capital expenditure (capex), especially towards the second half of fiscal 2025, can provide tailwind.
