World Bank lowers India current fiscal year growth forecast to 6.3%

The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started on April 1 to 6.3% from 6.6% as it expects higher borrowing costs to hurt consumption.

Apr 4, 2023 - 16:30
World Bank lowers India current fiscal year growth forecast to 6.3%
The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started on April 1 to 6.3% from 6.6% as it expects higher borrowing costs to hurt consumption.