India's economy losing momentum on rate hikes
Edited By WION Video Desk
Published: Feb 28, 2023, 02:20 IST | Updated: Feb 28, 2023, 02:20 IST
India’s economic expansion likely slowed in the October-December period, as rising borrowing costs crimp consumption that’s a key growth driver. Gross domestic product probably rose 4.7% last quarter from a year ago, according to a median estimate of economists in a survey.
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