Indian GDP data lowest in last three years shown a big crunch of liquidity. Indian market is expecting to infuse more liquidity by RBI.
Q3 GDP this time came around 6.1%. GDP declining from last 6 quarter continuously. Lacy of policy reform ,RBI rate hike just to curb only inflation , become a biggest factor to dampen the India growth.
Current Indian government shown no dedication instead of only political become a biggest factor for dampening GDP growth. In Future oil price rise may also increase this decline more. Oil price become a great negative factor for emerging economy growth.
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