💨 Abstract
The Asian Development Bank (ADB) has retained India's growth forecast for the current fiscal at 7%, with the economy expected to accelerate in the coming quarters due to improved farm output and higher government spending. Exports are projected to be higher than earlier predicted, led by larger services exports. GDP growth is forecasted to be 7% in FY2024 and 7.2% in FY2025.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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