Recession 2024 India Predictions In India. Announcements in the union budget 2023 will be crucial as it will decide how india's economy will perform in fy24 in the middle of a turbulent global economic. India expects domestic demand, private investment to aid growth;
A careful analysis shows the changing patterns in the indian economy. We do not anticipate a pivot to rate cuts until 2024,โ notes fitch in its december report.