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

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

Quick Summary:

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.