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Stronger-than-expected earnings may boost India stock rally further

Business Standard LogoBusiness Standard21h ago

Stronger-than-expected earnings may boost India stock rally further - Business Standard

Quick Summary:

There are other positives: New Delhi’s decision to award a $11.5 billion tax break to middle class consumers earlier this year is expected to further lift consumption.

The disruption caused by US tariffs wasn’t fully reflected in the most recent quarterly earnings.

Morgan Stanley said US levies could drive India’s gross domestic product growth to fall short of the bank’s previous 6.5 per cent estimate.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 09:16:21 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28486217

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 342 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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