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Recent trend of slowdown in Capex to GDP and pick up in consumption a concern: Nuvama Equities

New Delhi [India], September 6 (ANI): India is witnessing a phase where consumption is outpacing capex or capital expenditure, a trend which was seen during the pandemic. According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to […]

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