Growth recovery not broad-based; expect RBI to cut rates at end of 2024: Economist
Rajani Sinha discusses the disparity in rural India's growth and the expectation of interest rate cuts. Concerns remain about broad-based growth recovery, but improvements in two-wheeler sales and consumer non-durables indicate possible convergence of rural and urban demand. Sinha further says "we expect RBI would look at interest rate cuts towards the end of this year."
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