\'Slow Growth In Demand Could Spoil GDP Show\'

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However, a closer look at the data, say economists and bankers, reveals that the upward trend may not continue for long. StanChart in a report, said that despite strong growth in Q1, slow growth in domestic demand and global slowdown raise doubts about growth in the next few quarters.

The report also added that depressed performance of household expenditure and investment might force the RBI to soften its hawkish bias in the coming months. The central bank may have to go slow in raising interest rates.

Source : https://timesofindia.indiatimes.com/business/india-business/Slow-growth-in-demand-could-spoil-GDP-show/articleshow/6471223.cms

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