US Federal Reserve’s rate hike has raised fresh questions about the health of the US economy. From Trump’s economic policies and US debt to rising bond yields, inflation and the Fed’s future rate path, the global market faces several key challenges. In this video, market expert Sharad Kohli shares his views on the US economy, Federal Reserve policy, US Treasury yields, the Dollar and Rupee, and the possible impact on Indian stock markets. Could higher interest rates put further pressure on the US economy? What could Trump’s policies mean for inflation and markets? Can rising US bond yields trigger pressure on emerging markets? And what could this mean for Gold, Silver and Indian equities?
US Federal Reserve के Rate Hike के बाद अमेरिकी अर्थव्यवस्था को लेकर कई बड़े सवाल खड़े हो रहे हैं। Trump की economic policies, US Debt, Bond Yields, Inflation और Fed की monetary policy का आगे क्या असर होगा? इस वीडियो में market expert Sharad Kohli ने US Economy की स्थिति, Fed Rate Hike, US Treasury और Bond Market पर दबाव, Dollar और Rupee के outlook के साथ Indian Stock Market पर संभावित असर को लेकर अपनी राय साझा की है। क्या US Economy में आगे और दबाव बढ़ सकता है? क्या Fed फिर Rate Hike कर सकता है? Trump की policies और global economic uncertainty का भारत पर कितना असर पड़ सकता है? Gold, Silver और Indian markets के लिए आगे क्या संकेत हैं?
#FedRateHike #USEconomy #Trump #SharadKohli #FederalReserve #StockMarket #Rupee #Gold #IndianEconomy
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US Fed Policy Preview: Is the FOMC Set to Break a Three-Year Streak? Why Kevin Warsh May Hike Rates Today :: https://www.goodreturns.in/news/us-fed-policy-preview-is-the-fomc-set-to-break-a-three-year-streak-why-kevin-warsh-may-hike-rates-1535119.html?ref=DMDesc
US Fed Rate Hike: Higher Savings Returns Or Costlier Loans? Check Impact On Bank Accounts & Your Money :: https://www.goodreturns.in/personal-finance/us-fed-rate-hike-higher-savings-returns-or-costlier-loans-check-impact-on-bank-accounts-credit-cards-1534849.html?ref=DMDesc
~PR.474~HT.408~ED.472~GR.508~VG.HM~
US Federal Reserve के Rate Hike के बाद अमेरिकी अर्थव्यवस्था को लेकर कई बड़े सवाल खड़े हो रहे हैं। Trump की economic policies, US Debt, Bond Yields, Inflation और Fed की monetary policy का आगे क्या असर होगा? इस वीडियो में market expert Sharad Kohli ने US Economy की स्थिति, Fed Rate Hike, US Treasury और Bond Market पर दबाव, Dollar और Rupee के outlook के साथ Indian Stock Market पर संभावित असर को लेकर अपनी राय साझा की है। क्या US Economy में आगे और दबाव बढ़ सकता है? क्या Fed फिर Rate Hike कर सकता है? Trump की policies और global economic uncertainty का भारत पर कितना असर पड़ सकता है? Gold, Silver और Indian markets के लिए आगे क्या संकेत हैं?
#FedRateHike #USEconomy #Trump #SharadKohli #FederalReserve #StockMarket #Rupee #Gold #IndianEconomy
Also Read
US Fed FOMC Meeting: Kevin Warsh Hikes Rates By 25 Bps For First Time In 3 Years, Hints At 1 More Hike In 2026 :: https://www.goodreturns.in/news/live-fomc-meeting-us-fed-rate-hike-kevin-warsh-us-stock-market-dow-jones-nasdaq-s-p-500-wall-street-1535137.html?ref=DMDesc
US Fed Policy Preview: Is the FOMC Set to Break a Three-Year Streak? Why Kevin Warsh May Hike Rates Today :: https://www.goodreturns.in/news/us-fed-policy-preview-is-the-fomc-set-to-break-a-three-year-streak-why-kevin-warsh-may-hike-rates-1535119.html?ref=DMDesc
US Fed Rate Hike: Higher Savings Returns Or Costlier Loans? Check Impact On Bank Accounts & Your Money :: https://www.goodreturns.in/personal-finance/us-fed-rate-hike-higher-savings-returns-or-costlier-loans-check-impact-on-bank-accounts-credit-cards-1534849.html?ref=DMDesc
~PR.474~HT.408~ED.472~GR.508~VG.HM~
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NewsTranscript
00:00Hello and welcome, you are watching Good Returns, I am with you and I am with Arnema Javedi.
00:03U.S. Fed's policy has come. It was a policy which was waiting for the market, which was waiting for
00:10the global economy, the U.S. market, and the world's waiting for the market, and as expected, the rate hike
00:18announcement has come.
00:1925 business points, or 0.25% rate hike. Today, we are going to connect with us, but before talking
00:28about it, we will look at some numbers, because the data came in front of us is saying a lot.
00:35Now, is the expectation of the rate hike or not? This is a big question. So, we are going to
00:41look at the data numbers.
00:43We are going to look at some announcements that the Fed Chairperson Kevin Walsh has done and some numbers they
00:50have presented.
00:51So, first of all, the important announcement is that the Fed rate hike has done. 0.25%, 25 basis points.
00:58And this rate hike was in the first three years. After 2013, the first time the U.S. Fed has
01:04rate hike.
01:05And this rate hike has come. This rate hike has come.
01:14This rate hike has come. This rate hike has come. This rate hike has come.
01:18Now, the hawkish commentary has become more interest in the Bazaar.
01:24The Bazaar is a little confused. It is a little confused. It is a little scared.
01:28Because there is a indication that the next FOMC meeting will be coming.
01:35The next policy will be coming. There are also the chances of the rate hike.
01:39So, there will be more interest rate hike.
01:42The 12 members decided to have decided that the FOMC meeting should be unanimously.
01:47So, we decided to have decided that the rate hike should be unanimously.
01:50And the interest rate range, if we look at the U.S. interest rate,
01:54the rate hike has become 3.75% to 4%.
01:58So, the interest rate is 3.75% to 4%.
02:02The interest rate range has been 3.75% to 4%.
02:04The median rate rate is made from the US Fed.
02:08The median rate rate is made from the U.S. Fed.
02:09It was made from 4.1% for the year.
02:11The median rate is also 4.1% for the year.
02:17The median rate is made from the US Fed.
02:22The median rate is also 4.1% for the year.
02:24The median rate is also 4.1% for the year.
02:25Now, during the Fed policy, the speech of Kevin Wash was going to note some things.
02:32The first thing is that they said that the rate hike is even higher.
02:39higher because its target was 2% and it was a lot higher.
02:43Inflation is going on in the US.
02:45Why is it said that 2% of target is higher than 2%?
02:48Those numbers are also present in front of you.
02:50PPI inflation which came to the US was 5.4%.
02:55The expectation was 5.3% here.
02:58But when inflation came to the numbers, they came to 5.4%.
03:01CPI inflation also came to 3.4%.
03:04So that the consumer inflation was seen in the country,
03:08it also came to 2%.
03:09And it could be higher than 2%.
03:13This is Kevin Wash's opinion, which he mentioned in his speech.
03:18Fed's economic outlook, which is for the US,
03:21they also tell you that the GDP growth is 2.3%.
03:27And the GDP growth is 2.4%.
03:32But the inflation here is a little bit.
03:35Because in 2026, the PCE inflation is 3.7%.
03:41And in 2027, the PCE inflation is 2.3%.
03:46The US consumers, the goods and services,
03:49the average price pay for the PCE inflation.
03:52So that's the fact that the consumer spending is 2.3%
03:56If it is the same, that's the same.
03:58If it is the same,
03:59the inflation is very fast.
04:01Now, the entire Fed policy conclusion is the rate hike.
04:08And the rate hike is the same thing.
04:10The same thing is US's 10-year treasury bond yield.
04:15Look, this interview will remain in this interview because the US's 10-year Treasury bond yield will be 5%
04:23per year, 2007's highest level, 5% and this will be a lot to decide.
04:29This will be the Indian market, this will be the global market, global liquidity and gold-silver market.
04:40So, in particular, there are many terms that need to look at geopolitical levels.
04:45Because Kevin Wash was a major concern in the Fed policy.
04:49If you look at geopolitical levels, this is because of US and Iran, crude prices are a major concern.
05:00And in particular, if we look at crude prices, we are now showing 100 dollars,
05:04and at this time, crude prices are showing a little bit of growth.
05:10But now, crude prices are still high.
05:13And after this Fed policy, the most major concern was initially in the US markets.
05:20It has been shown in the US markets, but if we talk about Dow futures or Nasdaq futures,
05:25there is a 0.6% growth here.
05:29So, Vilal, this was the whole thing that has happened in the US and its effect.
05:33Now, gold-silver, markets, global economy, especially in the US economy and in the US economy.
05:39So, that's the whole thing that has happened in the US market.
05:40So, with this whole statement, today, Sharat Kohli Ji has joined us.
05:44Sir, welcome to Good Returns.
05:46Thank you so much, Arneva.
05:48Thank you so much.
06:02Thank you so much, Arneva.
06:03Now, here's the movie.
06:04It is time to go to talk to South,
06:06that we have a gap year.
06:09This year, it was the first time,
06:12your impact.
06:14The US economy, the global liquidy, the Indian market,
06:17the most significant impact is the Indian rupee.
06:20What should happen all this?
06:21Let's talk about American markets,
06:23uh market ki baat karin usse pahle baat karin johan hunne aagli rate cut ki baat ki hai
06:27bhi karna zaruri hai dekhiye aagli rate cut ka amerika mein kuch bhi kaena bhoat kati
06:33eek formality hoti aur nima ke aapko batana hota aagla rate cut aayega ke nai aayega
06:38aapko eek outlook outlook deena hota hai to woha hunne eek formality puri kari outlook
06:42deke baaki aagli rate cut ke time kya hooga ameriki politics ki position kya hoogi election
06:49hai maha per uh uske liye abhi mai mai is baat se abhi sehmat nahi maha rate cut hooga
06:55ya badega ya static raya ga because bhoat uthal uthal uthal amerika mein aagli
06:59dho mahinoh mein honne wali hai hai dhusra american economy ki aapne baat karhi american
07:03economy ki halat thik nahi haalaki ah joh bayan aya kevin wash ka it seems to be going
07:09strong kaya na bantah hai koon kaya ga ki humari economy kharaab hai koi bhi koi bhi
07:14especially the political circle se connected banda hai ho nahi kaya kevin wash donald trump
07:18ke aadmi hai unko nne kaha american economy economy kaya na bhi banta hai fact ye
07:23hai ki american economy ka iso me 40 million dollar se oopar ka loan hai 50,000
07:27crore rupay rose ka unke oopar loan chad raha hai bond yield unke control se bahar
07:31ho chuki hai 5 se oopar bond yield chal rahi hai aur bond yield nne amerika ki treasury
07:36me naak me dum kiya hua hai kyan ki itni mehengi wahan debt hooti jali hai koi
07:40unka bond lene ko tiyar nahi hai bonds ke kiemte gira rahi hai yield bada rahi
07:44hai hai toh aise meh unka ye kehana ke american economy strong e gdp na ke berabar hai joh
07:50numbers aapko dikhai dhe rahe hai wahan numbers cd mere mere mere saab se gdp ah negative
07:54meh hai but isko bata ya nahi nahi jah raha hai wo eak alag baat hai aur yye toh
07:58projection sir 2.3 percent or 2027 ke liye 2.4 percent ka kar diya hai kevin wash na hao
08:04hao
08:04projection karne meh toh kuchh jata nahi hai usko rukha bhi wohin jata hai yeh sab ah you know ah
08:09khail
08:10hota aapko pata hi hai toh mujhe mere saab se american economy recession meh hai naukriya
08:14kyunki wahan peida nahi ho rhi eek laag baasat hezar naukriya pichli baar dhikhaai gahi
08:18thi wo eek routine naukriya thi these are not the numbers joh eek positive economy ka hota
08:23itni naukriya toh waisa hi nikalti hain kaam karne wale log wahan chahiye hoote
08:26hai but yeh wo wali baat nahi hai jaz baat ke liye a growing economy ya ya joh economy properly
08:32grow karriyo uske nishanini hoote yoh koji nishanini nahi hai aur foreign investments
08:36aani rye lagataar wahan se american treasury se jai sabse khatrnaak baat hai ke american
08:41treasury se lagataar baaki ke desh or central banks apna paysa nikal rheye
08:45hai aur is qadar nikal rheye hai ke is samey unko unke liye bond yields ko samal na
08:51joh ds saal ki yield hai 5 se upar hai joh tis saal ki deal hai woh 5.3 5
08:55.4 ke aas
08:56paas hai poori tarah se is yield ni american treasury ko hilaya hoa hai toh mujhe
09:00nishanini samaj aya ke kevin wash ne kis aadhar pe kaha ke amerika economy joh hai bhot strong
09:06mujhe dikhai de rahi robust sariya word highlight kiya gaya hai robust robust
09:11robust dikhai de rahi hai robust dikhai de rahi hai toh kehne mein dil behelanen ko galip khayal
09:14achsa hai aur ne martin aur bharatiya bharatiya economy ki baat karein bharatiya interest rates ki baat
09:19karein stock markets ki baat karein stock markets ne aap ne dekha market nikal dao 600
09:25points se zia-dha gih ra hai american stock dao s n p nasdaq tino negative react kiya
09:30hai interest rate high ko paisa jab bhi kisi dèche mehengha hota hai toh uski gdp ki
09:34pa pe lagam lagtay ai donald trump nne kao ka haare deche ki duniya me sab se kam
09:38bias ki dhar hoonni chaayié eto ka loonho na yeh bhi kai diya haamari toh ek
09:42percent se bhi com hoonni chaayié toh kaynay mein kehet ay dhe o khuch bhi rhatte
09:45hai hai Corona chand mera hai yeh kiuba mera hai green land merah chand khalko mars
10:12so that is the that is the scenario markets obviously rate
10:21is not good news
10:22this is not good news
10:24this is not good news
10:26this is not good news
10:37but no way we can call this as a recovery
10:41FII's FPI's selling
10:46So, I think overall situation, global economy is not good because when America is not good
10:55then the world is a fulcrum.
10:59So, I think it is a very important thing.
11:02The economy is okay with 7.8% of our GDP.
11:06UPI and other things are not good.
11:10The tariff of Iran and Russia Act 2026 was passed in the House of Representatives.
11:18Trump has got a parliamentary powers.
11:21100% tariff in India or China.
11:24So, I think it is a very important thing.
11:29India, China, Slovakia, Azerbaijan, Turkey.
11:34So, these are countries.
11:35These are 10 countries.
11:37I want to make it more.
11:39But I don't think that Donald Trump tariff will be the only election.
11:42The other one is Xi Jinping.
11:43The other one is Xi Jinping.
11:45So, Donald Trump will be the only 100% tariff.
11:51I don't think that this tariff will be the only one.
12:18I believe the global economy is great.
12:22I am of course, three other countries,
12:22the big economy has probably been on.
12:23but my analysis is not doing well a global economy
12:28की हालत खराब है दुनिया भर में बॉंड जील बढ़ रही है नहीं अमेरिका में जपान में जर्मनी में के
12:32वे आज बैंक ऑफ इंग्लेंड का भी
12:35अब इंटरस्ट्रेट्स पर फैसला आएगा मेरे का जाएगा ओवरॉल सिच्वेशन इस बैड क्योंकि यह लड़ाई ने सारी दुनिया की अर्थिवस्ता
12:42को बेगाड दिया है
12:44क्रूड अभी भी 105-106 डॉलर मेरे सामें चल रहा है और और आप देखें तो स्टेट ऑफ हर्मूस बंद
12:50है बाबल मंदेग पर हुथियों में सौधी एरेविया में पूरी लड़ाई चल रही है रसिया उक्रेन का युद्ध बूरा चल
13:00रहा है
13:00तो ओवरॉल जियो पुलिटिकल जियो एकनोमिक सिच्वेशन इस नॉट इस पॉइंगा अचा सर डॉनल ट्रॉम्प एक तरफ कह रहा है
13:09कि वो मिट्टरम्स के बाद इरान वाले वार के ओपर कुछ डिसिजिन लेंगे मिट्टरम्स के बाद कोई फैसला करेंगे और
13:16क्रू�
13:28बाते कैसे गलती नहीं है अगर हम उस पर लिए उसकी गलती है और जहां तक मिटरम के बात है
13:42तो एरान से तो यह भी उन्होंने स्टेटमें लिए कि मेरे जब तक मैं प्रेजिडेंट बना हुआ हूं तब तक
13:46यह वार होता रहेगा इरान ने तो यहां तक भी कह दिया था य
14:13So I don't know what he wants by meaning of
14:44I don't know what he wants.
14:46I don't know what he wants.
14:55I don't know what he wants.
15:04I don't know what he wants.
15:15I don't know what he wants.
15:29I don't know what he wants.
16:03I don't know what he wants.
16:33I don't know what he wants.
16:46I don't know what he wants.
17:31I don't know what he wants.
18:00I don't know what he wants.
18:01I don't know what he wants.
18:30I don't know what he wants.
18:49I don't know what he wants.
18:53I don't know what he wants.
19:21I don't know what he wants.
19:43I don't know what he wants.
19:48I don't know what he wants.
19:53I don't know what he wants.
20:15I don't know what he wants.
20:18I don't know what he wants.
20:20I don't know what he wants.
20:21I don't know what he wants.
20:22So we can see return of you know you know these people anytime soon.
20:28Sir share market has been pricing.
20:30We are seeing this before.
20:32But what is the issue that is going to be further?
20:34Commentary that came after Indian share market.
20:37Okay.
20:39About Indian share market has been looking for a tough time now.
20:43I don't know what a much less recovery not seeing.
20:45Global trigger.
20:47Or like I don't know what markets have closed on domestic factors to see.
20:517.8% GDPI marked itself.
20:54I think I have a channel saying that the markets are only seeing important factors.
20:59I have come with the example of the sun.
21:04As I said I will see the sun.
21:20I don't know why market operators have become so global that they only see crude oil is a major factor.
21:28There is no doubt.
21:28They also see crude oil, crude oil, dollar index. This is true. When there are two kinetic wars that are
21:40so big,
21:41then they are not celebrating the market. I think the market is factoring in the market.
21:48I also think that the geoeconomics and geopolitical factors are not in the market.
21:56I personally advise, you know, across all asset classes.
22:02I advise in properties, I advise in post office, I advise in stocks, mutual funds.
22:33I advise, you know, I have changed. Because, you know, the geoeconomics and geopolitical factors are not in the market.
22:38The geoeconomics and geopolitical situation are not in the market. I think it's a big tension in Russia and NATO.
22:44The European Union announced its own security council.
23:08So, I think the tensions are building across the world.
23:11So, I think the tensions are building across the world.
23:37So, what is the notion of the climate that we believe in this country,
23:40it may be more and more have to remain in the market.
23:42So, this is the notion of the nutrition and the global economy,
23:43so, what do I do not work?
23:44So, when the750 talks about this group,
23:48how do you think that the economy will,
23:49asset class me equity me agar paisa lagata hai
23:51or yaha se mahali jiye tien saal mein
23:54char saal mein world war three yaha se
23:56usse shayad usse pehle hi ho jaya
23:57tehen char saal toh ma outer limit
23:58rakh around because this way situation
24:00is building up things are getting quite
24:02bad just prakars in nuclear you know
24:04armament dunya bhar mein hai
24:06yaha jiye bum banayen
24:07nuclear arneima ye chalane ke lihe
24:09banaya na rakhne ke lihe nhani
24:10banayen or jo situation ho rhea
24:12you know so therefore i am a little
24:14hesitant up toh min market ka
24:16thoda beach beach mein uchhal
24:17I don't want to sound pessimistic
24:20market
24:22all time high
24:2326,370
24:25that we beat
24:26but the question is
24:28what we can do
24:29which we have seen
24:30COVID-19
24:31and now
24:31the bull run
24:32in 2024
24:33to come to come
24:342020-21
24:35to come to 24
24:36to come to
24:367500
24:37to come to 26
24:38to come to
24:39this
24:39will be
24:40going to
24:41become
24:41this
24:42will
24:42I don't
24:44I don't
24:44know
24:45I don't
24:47want to
24:49I'm
24:50very
24:50I regretfully
24:51say that
24:51that
24:52I feel
24:52that
24:53the market
24:53went up
24:53so
24:54it won't
24:54get
24:54more days
24:54I don't
24:55I don't
24:56I don't
24:57I don't
25:00this is a
25:02very sad
25:02story
25:03because
25:03equity
25:03and
25:04people
25:04are
25:05optimistic
25:05and
25:06equity
25:07will
25:07a wealth
25:08creation
25:08class
25:09and
25:10equity
25:11has
25:11given
25:11a good return
25:13but
25:13I'm not
25:14sure
25:14if
25:15that
25:15time
25:15is
25:15behind
25:15us
25:27I don't
25:27know
25:27I don't
25:28know
25:29what
25:29I don't
25:29know
25:29I don't
25:30I don't
25:30I don't
25:30not like
25:31to give
25:31any
25:31direct
25:31advice
25:32that
25:32you
26:01I don't
26:07I don't want to go away because you can not take decisions simply on my advice.
26:13My personal outlook is that I could be.
26:16I'm talking about Arnima because I'm telling the reason why I'm telling the reason that I'm World War 3.
26:21I'm telling myself that I want to be wrong.
26:30Because I know this will bring devastation.
26:35It will bring chaos around the world.
26:39I want to be wrong.
26:41I want to be wrong.
26:42Arnima's forecast is very close to my heart.
27:14I just want to be wrong.
27:15property market आप पैन इंडिया देखें तो कोई-कोई जगा है जहां पर property market आपको अच्छा
27:19tier 2, tier 3 cities में कुछ एक pockets में आपको अच्छा return देती है, कभी देती है,
27:24कभी नहीं देती, plateau phase में आ रही है, property market भी अगर आप tier 1 cities की
27:28बात करें, सिवाए super luxury properties अगर हम छोड़ दें तो बाकी की
27:31to plateau phase में आ चुकी है, तो आखर आदमी पैसा लगाए, तो कहां लगाए,
27:35सवाल यह उठता है कि आपको अगले 3-4-5 साल में पैसा बनाना है,
27:38और आप चाहते हैं, आपका पैसा ग्रो करें, आपको एक अच्छा रिटर्न दे, तो आप कहां लगाए,
27:42तो I think other than gold and silver, इस समय मुझे और कोई चीज ऊपर जाती, कोई बहुत बुखता तरीके
27:49से नहीं दिख रही है,
27:57आप जितने भी बड़े अनलिस्त हैं दुनिया के, और जो बड़ी-बड़ी एजिंसी है,
28:02JP Morgan, Morgan Stanley, Bank of America, UBS, Thomas Kaplan, Canada की कल एक रिसर्च रिपोर्ट आई,
28:10Ryan Macklin Tire की रिपोर्ट आई, Sprott INC की, जितनी भी बड़ी कमनी मेरे बास कम से कम ऐसे 25
28:15रिपोर्ट हैं,
28:17मेरी खुद की रिसर्च है, मुझे लगता है कि आने वाले दो से 5 साल में,
28:22I think golden silver can do wonders.
28:25Sir, Bank of England का अपने जिखर किया था policy आने वाली है आज,
28:29और Friday को यानि weekend में Bank of Japan की भी policy आने वाली है,
28:33इन दोनों policies में रेठाई की expectation है और अगर Bank of Japan भी रेठाई कर देता है,
29:07तो क्या impact देखें?
29:08You know, वह arbitrage कम होगा,
29:10और they will probably see their yen stabilizing,
29:13अब उनको yen को stabilize करने के लिए अब रेट बढ़ाने ही पड़ेंगे,
29:16और प्लस Japan में भी because of crude oil and all that,
29:19वहाँ पर महंगाई भी बहुत है,
29:20so all indications are that Japan will have to increase the interest rates,
29:24अला कि Japan की economy पहले ही बहुत अच्छा नहीं कर रही है,
29:27but they don't have a choice right now,
29:30because the world has a macro economic trap in the world,
29:36which we say before and before and after,
29:38you will do this,
29:39then there is a problem,
29:39then there is a problem,
29:41then there is a problem,
29:41then there is a problem,
29:41then there is a problem,
29:42then there is a problem,
29:42that is the kind of trap that some of the world economies like UK,
29:48Japan, Germany,
29:50is in this type of trap that is,
29:52Another question, Sir,
29:53I want to know about this scenario for 3-6 months,
29:56Because the Fed rate high, Donald Trump had 100% tariff in front of him.
30:02He took the name of India and China in the Russian oil context.
30:07Besides, the bond yields are growing in the US.
30:11There are many such factors in this period.
30:13I want to go to India for 3-6 months.
30:18If you want to go to stock market or macro?
30:22Financially, macro data.
30:25Macro data, I think India's data, the 7.8% has been a lot of debate,
30:31a lot of controversy has also been created.
30:34I think Subhaj Chandgarh has also been in two shows,
30:37who have asked questions about that data.
30:41But we are going to believe the data,
30:43because the rest of the economic parameters are doing this, GST collections.
30:47I think Indian growth story is intact.
30:48India's consumption story is because it's a festive season.
30:51You have asked for 3-6 months, so we will have almost ended the festive season.
30:57We will be closer to the end of December.
30:59So I think the festive season will keep the consumption story.
31:01You know India's story,
31:01you know,
31:0260% of the GDP is coming from consumption.
31:06So I think that consumption story will continue in the next three months,
31:09which is good for the economy.
31:10This will be a good development for the Indian economy.
31:12This will be a good development for the Indian economy.
31:14And as far as the 6 months,
31:18I think the festive season will close.
31:20And everything will depend on the earnings of crude oil prices.
31:25Everything will depend on the geo-political tensions.
31:28Everything will depend on geo-economic global factors.
31:37It will depend on how the global economy is performing.
31:44What are the FII's doing?
31:45What are the FII's doing?
31:46What are the FII's doing?
31:47What are the FII's doing?
31:48What are the tariff-tariff threats?
31:50How realistic is it?
31:52It will depend on our exports.
31:53So there is a lot of uncertainty right now.
31:56But for three months, yes,
31:58I think Diwali, Dishaira, Durga, Pooja, Navratre,
32:01they will keep the growth story intact.
32:04And now in the GDP,
32:05there will not be a lot of interest.
32:08Inflation is a very big concern,
32:10which I think is a big challenge for the economy.
32:13And the inflation will go up here.
32:15And if the RBI needs to increase the rate in December,
32:17or October, December,
32:20then there will be a little break for GDP.
32:23A little speed-breaker will come.
32:25It will be a lot of uncertainty.
32:26Uncertainties are a lot,
32:28but India's growth story is intact.
32:30Sharsar, thank you for joining us today.
32:32There is a lot of clarity,
32:33and a lot of points on you.
32:36Pleasure.
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