NEW DELHI: The domestic growth cycle may be bottoming out, with low interest rates and liquidity cycles, a decline in crude oil prices, and a normal monsoon, all supportive of stronger growth prospects for the Indian economy in the coming months, according to a report by HSBC Mutual Fund.

As per the report, these several supportive factors indicate a potential pickup in economic momentum going forward. It stated, “growth cycle in India may be bottoming out. Interest rate and liquidity cycles, a decline in crude prices, and a normal monsoon are all supportive of a pickup in growth going forward”.

The report stated that although global trade-related uncertainty remains a headwind for private capital expenditure (capex) in the near term, India’s investment cycle is expected to remain on a m

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