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Goldman Sachs Lowers India’s 2024 and 2025 GDP Growth Forecasts

Kumari Sonali

Goldman Sachs Lowers India’s 2024 and 2025 GDP Growth Forecasts:

Goldman Sachs has revised India’s GDP growth forecasts for 2024 and 2025, anticipating slower expansion due to reduced government expenditure and other economic factors. The bank now projects a growth rate of 6.7% for 2024 and 6.4% for 2025, down by 20 basis points each from previous estimates.

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