Economists at Goldman Sachs Group Inc. have already lowered the growth forecast for India to 7% from 7.2%, while Citigroup Inc. cut it more sharply to 6.7%. The country, which last year was the world’s fastest growing major economy, is poised to lose that spot to Saudi Arabia this year, according to International Monetary Fund projections in July.
from Economy-News-Economic Times https://ift.tt/Gcr1j5J
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