India’s growth trend continues to gain traction, DBS Bank said in a recent report.
DBS expects FY25 and FY26 growth to moderate to a more sustainable real growth of 6-per cent handle.
India’s inflation rate is likely to settle into a sub-5 per cent range in FY25 and FY26.
While relatively resilient versus its Asian peers, the Indian rupee will face challenges from Trump’s next innings, DBS added.