{"id":616027,"date":"2023-11-08T09:56:00","date_gmt":"2023-11-08T04:26:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=616027"},"modified":"2023-11-08T11:19:40","modified_gmt":"2023-11-08T05:49:40","slug":"indian-economy-and-perils-of-crude-oil-shock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-economy-and-perils-of-crude-oil-shock\/","title":{"rendered":"Indian economy and perils of crude oil shock"},"content":{"rendered":"<p>The global economy is still not yet fully out of the woods from the aftershocks of Covid-19 pandemic and the ongoing war between Russia and Ukraine in Eastern Europe. The recently released World Economic Outlook (WEO), October 2023, by the International Monetary Fund (IMF) also predicted a bleak global economic recovery from 3.5% in 2022, 3.0% in 2023 and further deceleration to 2.9% in 2024. Amidst this environment of malaise, the Indian economy is expected to post a robust growth as a result of strengthening of domestic consumption and investment demand, revival of consumer and business confidence, improving industrial activity and thrust on capital expenditure among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global economy is still not yet fully out of the woods from the aftershocks of Covid-19 pandemic and the ongoing war between Russia and Ukraine in Eastern Europe. The recently released World Economic Outlook (WEO), October 2023, by the International Monetary Fund (IMF) also predicted a bleak global economic recovery from 3.5% in 2022, 3.0% in 2023 and further deceleration to 2.9% in 2024. Amidst this environment of malaise, the Indian economy is expected to post a robust growth as a result of strengthening of domestic consumption and investment demand, revival of consumer and business confidence, improving industrial activity [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-616027","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=616027"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616027\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=616027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=616027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=616027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}