S&P retains India's growth forecast for FY24 at 6%
Shortpedia
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S&P Global Ratings has maintained India's growth forecast for the current fiscal year at 6%, despite challenges such as the slowing world economy, rising risk of subnormal monsoons, and delayed effect of interest rate hikes. The agency also revised the full fiscal retail inflation forecast to 5.5%, up from 5% earlier, due to higher global oil prices.
