World Bank cuts India's growth forecast
New Delhi/Washington, Apr 4 (PTI) The World Bank and the Asian Development Bank on Tuesday projected moderation in the Indian economic growth between 6.3 per cent and 6.4 per cent due to a slowdown in consumption and challenging external conditions.
The World Bank in its latest 'India Development Update' (IDU) slashed the GDP forecast to 6.3 per cent against the earlier estimate of 6.6 per cent in 2023-24 (FY24).
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