Weak monsoon forecast raises concerns over rural demand in FY27: Report
New Delhi: The upcoming monsoon will directly influence India's FY27 macroeconomic outlook, with the India Meteorological Department forecasting rainfall at 92 per cent of the long-period average, classified as below normal, a report said on Tuesday. The report from investment platform smallcase said that below normal rainfall raises concerns over food inflation, rural demand recovery and interest‑rate trajectories in upcoming…
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