India's macroeconomic outlook for the 2023-24 financial year is strong, supported by robust domestic fundamentals, according to the finance ministry. The report highlights two additional drivers of growth: increasing investment demand and a rise in industrial activity. Industrial growth in India reached a 14-month high in August, and the International Monetary Fund recently raised its growth forecast for India for FY24.
from Economy-News-Economic Times https://ift.tt/eI2XTjN
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