Mumbai, March 17 -- The Organization for Economic Co-operation and Development (OECD) has stated in a latest update that India's GDP growth is projected to be 6.4% in FY 2024-25 and 6.6% in FY 2025-26, recording a modest uptick compared to 6.3% in FY2023-24. However, the estimates are down 0.50% and 0.20%, respectively, compared to OECD's December estimates. Policy interest rates are projected to decline only gently in India to help maintain anchored inflation expectations.
Published by HT Digital Content Services with permission from Capital Market....
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