Global Slowdown Spillover May Dampen India’s Exports Outlook: Finance Ministry

The spillover of a global slowdown may dampen India’s exports business outlook, but resilient domestic demand, a reinvigorated investment cycle, stronger financial system and structural reforms will give impetus to economic growth, according to the Finance Ministry. The current retail inflationary pressures are expected to ease with fresh Kharif arrivals and a pass-through of lower input costs to consumers, it said in the monthly eco…