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MARKET MOVES

Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC

·Economic Times·Impact 2/5 · Moderate

India's economic growth is expected to continue, but with a caveat: it needs to be sustained without government support. Pranjul Bhandari, Chief India Economist at HSBC, believes that the country's growth should be driven by structural factors, not just policy interventions. This is crucial for the economy's long-term health and stability. A depreciating rupee has made Indian exports more competitive, which could boost goods exports and contribute to sustained growth.

Read the source report: Economic Times →

Why it matters

India's depreciated currency is making its exports more competitive. This could lead to an increase in goods exports and boost the country's economy.

Market impact

Impact score
2 / 5
Market signal
Positive / risk-on
Category
Market moves
Model confidence
70%

Markets & countries in focus

India

Transmission channels

Currency depreciationExport competitivenessEconomic growthTrade balanceManufacturing sector

Likely winners & losers

Winners

  • Exports
  • Manufacturing

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.