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RBI Governor: India's growth forecast revised upward nears 8% this year
The Reserve Bank of India governor, Shaktikanta Das, raised India's economic growth forecast for 2024, citing strong performances in manufacturing, construction, and rural demand. He expects the economy to grow close to 8% this year, exceeding previous estimates. The governor also reiterated the RBI's commitment to controlling inflation despite ongoing geopolitical and weather uncertainties.
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