Growth may have come down to about 5% in Q3: ET poll
Synopsis The annual outlook is expected to worsen for the next fiscal year as a global slowdown and rising interest rates weigh on growth. The Reserve Bank of India (RBI) has projected FY24 growth at 6.4%, but economists expect an even lower number. Agencies New…
India GDP Growth Forecast To Slow To 7% On Global Headwinds
By AFP – Agence France Presse January 6, 2023 Order Reprints Print Article Text size India’s economic growth will slow to 7.0 percent this financial year, according to official estimates released Friday, as weaker global demand and high inflation weigh on the world’s fifth-largest economy….
India GDP growth halves in September quarter as COVID distortions pass
NEW DELHI, Nov 30 (Reuters) – India posted annual economic growth of 6.3% in its July-September quarter, less than half the 13.5% growth in the previous three months as distortions caused by COVID-19 lockdowns faded in Asia’s third-largest economy. Gross domestic product growth for the…
India’s FY23 growth forecast cut to 7%, RBI to stay hawkish, industry body says
MUMBAI: The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank’s 7.2% projection, according to a survey by a leading industry body. The Federation of Indian Chambers of Commerce and Industry’s (FICCI) quarterly…
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