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India increases growth forecast for fiscal year
India's Ministry of Finance has increased its growth forecasts for the current fiscal year. But it also warned about inflation, particularly for fuel and energy, amid continued instability in the Middle East.
Summary
India's Ministry of Finance has increased its growth forecasts for the current fiscal year. But it also warned about inflation, particularly for fuel and energy, amid continued instability in the Middle East. India's Ministry of Finance expects India's economy to grow at a pace of 7.3% in the current fiscal year based on its latest assessment of current data, it said in its October economic review .
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