Premature to link market trends to US election: Nageswaran at BFSI Summit

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He stressed that these figures serve as directional guides rather than exact targets, noting, “Of course, higher growth would be welcome, but our projections account for various economic headwinds.

About India’s long-term development, he spoke about the importance of a balanced approach that does not prioritise one sector over another.“Primary (agriculture), secondary (manufacturing), and tertiary (services) sectors must advance together.

When asked about how iPhones in India are expensive despite being produced domestically, Nageswaran pointed out that India had already begun taking steps towards reducing import duties, as outlined in the last Budget.

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Article Details

Category: BusinessFinance

Markets: IndiaUnited States

Topics: BFSI Agriculture in India Market trends Nageswaran Market performance and US elections Economic growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 17:32:35 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23469975

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