India's Q1 GDP growth impacts rate hike expectations
India's Q1 GDP growth comes in at 7.8%, higher than expected, signaling strong momentum. Inflation pressures persist, raising rate hike risks despite MPC's pause. CapEx revival shows signs of traction with government spending driving growth. A sustained uptick could influence RBI's stance in the upcoming policy meeting.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.