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India's Economic Growth Slows to 4-Year Low
- India's GDP growth for FY26 is projected at 6.3-6.8%, indicating sluggish economic conditions.
- The slowdown is attributed to weaker manufacturing and slower corporate investments, with FY25 growth at 6.4%, the slowest in four years.
- Concerns rise as inflation remains high, consumer spending drops, and corporate profits decline, challenging Modi's goal of making India a developed country by 2047.
Source: Moneycontrol, The Economic Times, Zee News
10mo ago
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