EconomyIndia raises growth forecast for current fiscal year
India’s Finance Ministry raised its growth forecast for the current fiscal year to 7.3% from 7.1%, citing stronger indicators including energy use, port traffic, tax receipts and car sales. It also warned of inflation, pressure on the rupee and risks from El Niño, while pointing to $721 billion in foreign exchange reserves as a buffer.
India raises growth forecast for current fiscal year
Economy