India's Growth Numbers 'Concerning,' Oxford Economics' Kishore Says

India's Growth Numbers 'Concerning,' Oxford Economics' Kishore Says

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Business

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Hard

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The transcript discusses the Reserve Bank of India's (RBI) stance amidst economic growth concerns, highlighting strong import demand and government spending. It explores fiscal measures, potential slippage, and credit concerns. The impact of populist spending in an election year is examined, with a focus on infrastructure investment. The discussion concludes with the effects of oil prices and financial sector stresses on GDP and credit growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential risks are associated with government spending in an election year as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might changes in oil prices affect India's economy according to the discussion?

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