Economic growth pegged at 7.3% in FY24; higher than FY23
The Indian economy is expected to grow faster in FY24 at 7.3% compared to 7.2% in the previous year, according to the first official estimate released on Friday. The Reserve Bank of India had pegged growth at 7%, while the ET poll median suggested 6.7% growth. The government estimates highlight the economy may grow 6.9% in the second half, spurred by higher investment and manufacturing.
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