Sunil Damania, CIO of Marketsmojo says that in FY2024, aggressive rate increases ar elikely to have unforeseen repercussions, but India will be in a highly advantageous situation. India would remain one of the world’s fastest-growing economies. Also, India Inc. has less debt than it did previously. ROE is greater than the 10-year average, indicating that India Inc. is thriving.
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