India's growth, stability concerns are less than that of world: Finance Ministry

Estimating India's medium-term growth rate above 6%, the Finance Ministry said, the country's growth and stability concerns are less than that of the world at large. "A long-awaited domestic investment cycle that had started will accelerate once current external shocks – geopolitical conflicts and monetary tightening – fade...Corporate and bank balance sheets in India are ready for it.," it said.