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India’s real growth rate and the forecast

  • India's economic growth is expected to rebound as domestic demand strengthens, according to the latest RBI bulletin released on Friday.
  • The World Bank projects India's economy to grow by 6.7 percent in the next fiscal year starting in April, slightly higher than the current fiscal year.
  • Rural demand is gaining momentum, reflecting resilience in consumption, supported by brighter agricultural prospects, as noted in the bulletin.
  • Risks to the economic outlook include rising input costs in manufacturing and adverse trade policy shifts in major economies, according to the report.
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