Need to keep eye on geopolitical situation: CEA V Anantha Nageswaran

The Chief Economic Advisor of India, V Anantha Nageswaran, has stated that private investment is taking place in the country and inflation is not a major concern. However, he highlighted that crude oil prices and tightening global monetary conditions pose risks. Nageswaran also mentioned that the geopolitical situation needs to be closely monitored, although it is not currently expected to have a significant economic impact. He expressed optimism about India's economic growth, citing a rebound in private sector capital investments.

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