New Delhi, May 29 -- India's economic expansion is projected to decelerate in the current financial year as a result of combined international and domestic pressures, according to EY's latest Economy Watch report published Wednesday.

The consulting firm emphasised that maintaining growth momentum will require strategic coordination of monetary and fiscal policy measures.

The report indicates that despite the anticipated slowdown, India is positioned to remain among the world's fastest-growing major economies.

This resilience stems from robust domestic consumption patterns, declining inflationary pressures, and accommodative monetary policies that are expected to stimulate private sector investment activity.

EY's analysis points to sev...