India's economy losing momentum on rate hikes; to grow 7% in FY 2022-23, says Indian Government
Edited By WION Video Desk
Published: Mar 01, 2023, 06:45 IST | Updated: Mar 01, 2023, 06:45 IST
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India's growth has slowed in October-December quarter to 4.4% from last year. Economy in India is losing momentum as rising interest rates have started to hurt demand. Asia's largest economy, India, is likely harmed by falling consumption.
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