February 12, 2022
33
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18:59Now PlayingOn India Growth Mission Dialogue, we have Chris Wood, Global Head of Equity Strategy, Jefferies. Commenting on the Indian Union Budget 2022 he said that it is a pro-growth budget for the Indian economy. The government has been focusing on driving infra CAPEX. Fiscal Deficit spending is going into investments, and he is not concerned about inflation in India. On the other hand, demand has not been artificially stimulated in countries like India & China, which makes him worried. Financial markets are pricing in three or four rate hikes and expecting growth to continue in India even if RBI hikes. Watch the full interview on The Market to find out all the details.
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