Crisil projects India’s GDP growth slowdown to 6.8% – Times of India

Crisil projects India’s GDP growth slowdown to 6.8% – Times of India

Rating agency Crisil has projected India’s GDP growth to decline from 8.2 percent last year to 6.8 percent in the current fiscal year 2024-2025, pressured by rising interest rates and limited fiscal stimulus.The report mentioned that risks are tilted toward the downside given the lacklustre second-quarter growth numbers.However, many high-frequency indicators from October, such as…

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