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Fitch cuts India’s FY23 GDP growth forecast from 7.8% earlier to 7%

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Fitch Reviews being cut on thursday India‘s economic growth prediction for the current fiscal year to 7 percent of the previous estimate of 7.8 percent.

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fitch compared to the 7.8 percent forecast for June, said the economy will now grow 7 percent in 2022-23, with next fiscal year also slowing to 6.7 percent from its earlier estimate of 7.4 per cent.

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