- India’s growth and stability concerns are less than that of the world at large, the finance ministry said in its monthly economic review for September, estimating the country’s medium-term growth rate above 6 percent.
- “A long-awaited domestic investment cycle that had started will accelerate once current external shocks – geopolitical conflicts and monetary tightening – fade,” the finance ministry said in the report, released on October 22. “
- “Moreover, recent global developments have further bolstered the relative attractiveness of India as an investment destination, the ministry added.
