Festive spending to boost Q3 numbers after weak Q2: RBI – Times of India
MUMBAI: The slowdown observed in Q2 FY25 is behind us, according to RBI’s State of the Economy report. The statement comes as private consumption resumes its role as the primary driver of domestic demand, aided by a pickup in festival spending in Q3. However, private investment remains lacklustre as evidenced by sequentially lower investment in…