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S&P cuts India’s growth forecast for FY23 to 7.3%, sees inflation at 6.3%

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S&P cuts India’s growth forecast for FY23 to 7.3%, sees inflation at 6.3%

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S&P Global Ratings on Wednesday slashed India’s growth forecast to 7.3 per cent from 7.8 per cent for FY23 on rising inflationary stress and longer-than-expected Russia-Ukraine warfare.

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