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S&P Global Projects 110-Bps Drop In India's Economic Growth Amid Inflation Fears

As reported by NDTV Profit - Latest
Given the expected rise in inflation, S&P Global believes the RBI will begin raising the repo rate from October, marking the start of monetary policy tightening in the second half of the financial year.
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S&P Global projects a 110-basis point drop in India's economic growth. This forecast is driven by increasing inflation concerns within the country. Consequently, S&P Global anticipates that the Reserve Bank of India will begin raising the repo rate from October, initiating a…

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