Macro Economic Factors- March 2024

February 2024 catalogued a great set of numbers with GDP observing ambitious growth rate of 8.4% and the RBI MPC keeping its policy rates unchanged throughout FY24. The developments made India stand out amid the global fear of economic slowdown. Robust GST collections, strong manufacturing PMI and buoyancy in credit growth bode well for domestic growth which is reflected in the macro economic indicators for the month. 


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