Early economic indicators for February 2019 suggest that growth remains on a slippery slope. Only 57.1% of the economic indicators were in positive territory in February 2019, down from 65% in January 2019.
The projects sanctioned in the first half of 2018-19 show some recovery in the capital expenditure (capex) cycle, according to a Reserve Bank of India study.Going forward, investment activity is expected.
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