GENERAL30 Sept 2026
India's Economy to Remain Fastest-Growing, Exports Key Driver: HSBC's Pranjul Bhandari - CNBC TV18
HSBC's Chief India Economist Pranjul Bhandari says exports are now India's biggest growth driver, helped by new trade agreements and a weaker rupee. The economy should stay resilient, but costlier crude oil and rising inflation could keep prices above the Reserve Bank of India's comfort band. She expects two more rate hikes this year. Can exports offset global headwinds?
Key Statutory Highlights
- HSBC Chief India Economist Pranjul Bhandari says exports are emerging as India's biggest growth driver.
- She says new trade agreements and a weaker rupee are helping Indian exports grow.
- She warns that higher crude prices and inflation could keep CPI above the RBI's tolerance band, prompting two more rate hikes this year.
Actionable Advice for Taxpayers / Founders:If you are planning a fresh loan or a large purchase, it may be wise to check current interest rates with your bank and keep a little extra room in your monthly budget, since further rate hikes are being discussed.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: