Reaction quote on Q1 FY24 GDP data announcement By Mr. Raghvendra Nath, Ladderup Wealth Management Pvt. Ltd
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Below the perspective on the Q1 FY24 GDP data announcement By Mr. Raghvendra Nath, Managing Director, Ladderup Wealth Management Pvt. Ltd
“Though the GDP growth was lower than RBI expectations, India remains the fastest growing economy in the world at 7.8%. We expect the growth to moderate further in the coming quarters due to the potential slowdown in capex because of the upcoming elections and the impact of El Nino on the monsoon and the slowdown in exports”
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