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Economists Cut India’s GDP Growth Forecast on Oil Price Shock
The spike in oil prices and slowing private investments have been weighing on India’s economic growth, which is now seen at 6.6% in the fiscal year to March 2027, a full percentage-point drop from the 7.7% GDP growth in the prior fiscal…
AI Summary
A recent poll of economists has led to a downward revision of India's GDP growth forecast. The forecast now stands at 6.6% for the fiscal year ending in March 2027, a full percentage-point drop from the previous year's 7.7%.
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