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07May 2024

INDIA RATINGS RAISES FY25 GDP GROWTH VIEW TO 7.1%

Why in the news? India Ratings revises FY25 GDP growth forecast to 7.1% from 6.5%, citing strong government spending and improved corporate balance sheets. About the Upgraded Growth Projection: • India Ratings and Research revised FY25 GDP growth forecast to 7.1% from 6.5%. • The upgrade is attributed to strong government capital expenditure and improved …

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