India's Economic Growth Slows Amid Rising Risks and Pressures

Reported about 1 month ago

India's economy recorded a 6.7% growth in the last quarter, falling short of expectations and marking the slowest pace in five quarters. This downturn has increased concerns over potential risks to the economic outlook and led to calls for the central bank to lower interest rates. Contractions in government spending prior to elections and signs of waning consumer sentiment underscore the challenges ahead, even as private consumption shows some improvement.

Source: YAHOO

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