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Policy continuity and focus on infrastructure development post-elections will help the economy grow 6.8% in 2024, Moody’s Investor Service said Monday, revising the country’s growth forecast 70 bps on the back of stellar 2023 performance.
The rating agency also revised the 2025 forecast upwards to 6.4% in its Global Macro Outlook 2024-25 from 6.3% projected in November 2023, projecting India to be the fastest-growing economy over the next two years.
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