higher borrowing costs

  • Goldman Sachs Slashes India’s GDP Forecast for 2023 to 5.9%

    Goldman Sachs Group Inc. sees India’s economic growth slowing next year, citing a hit to consumer demand from higher borrowing costs and fading benefits from pandemic reopening, while lowering its growth forecast. Gross domestic product (GDP) may expand by 5.9%...

    Published On November 21st, 2022