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India's earnings growth mojo over EM peers is on the wane
Mint Mumbai
|January 16, 2025
Losing edge The gap between Nifty50's profit growth over emerging market peers has converged.
For India Inc., H1FY25 had significant challenges, as earnings growth momentum faced a combination of unfavourable factors. Government spending, particularly capital expenditure, moderated due to the general elections. Urban consumption weakened amid elevated inflation and tight monetary policy, while muted incomes eroded purchasing power and reduced household savings. These factors hit earnings growth for Indian companies.
Dit verhaal komt uit de January 16, 2025-editie van Mint Mumbai.
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