Finance Ministry Projects 7.3% Economic Growth in Q2
The finance ministry reported that India's economy is expected to grow by 7.3% in the July-September quarter, continuing the growth momentum from the first quarter but at a slower pace. The Monthly Economic Report highlighted global challenges such as rising oil prices, higher global bond yields, and pressures on the Indian rupee. It also noted competition from developed countries for investment amid shifting global supply chains and AI-driven capital flows.
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