India's FY23 GDP growth could be above 7%: RBI governor
Shaktikanta Das says it will not be a surprise if GDP growth for FY23 comes slightly above the 7% estimate
Shaktikanta Das says it will not be a surprise if GDP growth for FY23 comes slightly above the 7% estimate
Q3 FY23 GDP growth revised down to 4.4% . Shaktikanta Das says GDP growth in India remains resilient and inflation is expected to moderate, but the battle against inflation is not over.
Fitch Ratings expects the RBI to continue raising repo rate to 5.9% before year-end.
India's net exports will shrink due to subdued global demand and a rising real effective exchange rate; manufacturing firms will bear the brunt of higher input costs, says ADB report
This is the second time that the World Bank has revised down its GDP growth forecast for India in the ongoing financial year.
The rating agency lowered India's GDP growth forecast due to the Russia-Ukraine war.