The spread of 125 bps between Indian and US policy rates is at a multi-decadal low, says Ahmad. He says the demand for a wide range of consumer durable goods is growing as disposable incomes and technological innovation are increasing in India.
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-scopeearly-interest-rate-cut-by-rbi-low-azeem-ahmadwaterfield-advisors_17013491.html
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