India set for longer economic, financial cycle than past: FM

India's growth experience in 2023-24 will continue to be a positive outlier as compared to other major economies and the country can look ahead to the prospect of a longer economic and financial cycle than in the past, subject to global factors, says the finance ministry's monthly economic report for October. But it cautioned that risks on the downside persist. Inflation is one of them that has kept both the government and RBI on high alert.

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