India is beginning to punch its weight in global exports

The writer is economist, ANZ Research

Head of Asia Research, ANZ Banking Group

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The Reserve Bank of India (RBI) Thursday kept interest rates unchanged for the second straight monetary review meeting amid abating price pressures, and painted a favourable picture on medium-term economic growth that is likely to be the best among the major world economies.

About two dozen international brands are expected to enter India with their stores this year, the most in a decade, encouraged by a post-Covid consumption surge, property consultants said.

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