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India Economy - H2 FY25 Borrowing Elevated But See Scope For Modest Cut: Nirmal Bang

While the brokerage do expects spending to pick up with the government focus on capex, spending capacity may act as a constraint.

<div class="paragraphs"><p>An electricity pylon and power lines against an orange sky during sunrise at Raigad district, Maharashtra on Feb. 18, 2024 (Photographer: Vijay Sartape/ Source: NDTV Profit) </p></div>
An electricity pylon and power lines against an orange sky during sunrise at Raigad district, Maharashtra on Feb. 18, 2024 (Photographer: Vijay Sartape/ Source: NDTV Profit)
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