Borrowing more
India’s household balance sheet is sending mixed signals. On paper, financial savings have begun to recover after touching multi-decade lows.
India’s household balance sheet is sending mixed signals. On paper, financial savings have begun to recover after touching multi-decade lows.
The HSBC Flash India Composite Output Index, which tracks combined activity across manufacturing and services, rose to 59.5 in January from 57.8 in December.
