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Can India keep the consumption momentum going amid rising uncertainty? | Beyond Averages

Reserve Bank of India is likely to deliver another rate cut—third in a row—in its upcoming June meeting, while the government has provided a tax cut in the Budget, meeting the material conditions for a consumption boost. However, uncertainty is looming, especially with AI taking away jobs and a rejig of global order affecting trade. So, will India’s consumption be able to keep pace with the economy beyond FY26? Watch the discussion with Debopam Chaudhuri, chief economist, Piramal Enterprise Ltd and Dhiraj Nim, Economist, ANZ

first published: May 27, 2025 11:00 am

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