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2024

With moderation in inflation India will see higher consumer spending: Fitch Ratings

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New Delhi[India], June 19 (ANI): Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.

The credit rating agency in its June report of Global Economic Outlook (GEO) said that India will see higher Consumer spending with elevated consumer confide