Waning input cost pressures, buoyant corporate sales and rising investments in fixed assets are heralding the beginning of an upturn in the capex cycle in India will contribute to speed up growth momentum in the economy, said an RBI article on Tuesday. The balance of risks is increasingly tilted towards a darkening global outlook and emerging market economies (EMEs) appear to be more vulnerable, even though incoming data suggest that global inflation may have peaked, said the article titled 'State of the Economy' published in the RBI Bulletin December 2022 article. "The near-term growth outlook for the Indian economy is supported by domestic drivers as reflected in trends in high-frequency
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