đź’¨ Abstract
India's economy is experiencing a slowdown, with growth forecast at 6.4% for the fiscal year ending in March, the lowest in four years. This is due to weaker investment and manufacturing, and concerns about global conditions and domestic confidence. Investors are rethinking the country's earlier outperformance, and there are calls for authorities to loosen monetary settings and slow the pace of fiscal tightening to boost sentiment.
Courtesy: theprint.in
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