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India’s GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data

GDP



India’s economy slowed down for the third consecutive quarter in the January to March period to grow at 4.1%, while the National Statistical Office pared down overall growth forecast for FY22 a tad to 8.7% from 8.8% estimated in January.


However, elevated level of inflation and rising interest rates are expected to temper economic growth momentum in FY23.





Growth…


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