India’s economic growth expected to be 8.7% in FY22, Q4 GDP to be 4.1 %
India’s economic growth fell to 4.1 percent in January-March 2021-22, a four-quarter low, reflecting the impact of the Covid-19 pandemic’s Omicron wave on the manufacturing sector and contact-intensive services. The National Statistical Office reduced its year-on-year gross domestic product (GDP) growth forecast for the full fiscal year 2021-22 to 8.7%, down from 8.9% anticipated in …
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