India's Economy Grows at 7.8% in Q4, Exceeding Expectations
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#827d3467 ver:0.54

India's economy grew at a faster-than-expected pace of 7.8% in Q4, exceeding expectations and boosting Prime Minister Modi's economic credentials ahead of elections. The growth of 8.2% in FY23-24 surpasses China and Western nations, making India the fastest-growing major economy. However, job creation remains a challenge, and the IMF forecasts a slight tapering of growth to 6.5% in FY24-25. India's business activity is surging, with the PMI reaching a 14-year high. The RBI expects the economy to grow at 7% in FY25. Despite global economic headwinds, India's long-term growth prospects remain strong. #IndiaEconomy #GDPGrowth #FastestGrowingEconomy...

#newstr #India #GdpGrowth #Economy #ReserveBankOfIndia #Investment #Consumption #Manufacturing #Construction #ExternalSector #EquityMarket 

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