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ICRA projects GDP growth to moderate to below 6% in Q3

By Economic Times - 10 months ago
Rating agency ICRA has predicted a slowdown in India's GDP growth rate to below 6 percent in the December quarter. This is primarily attributed to a sharp decline in kharif crop output and sluggish progress in rabi sowing for some crops. In the July to September period, India recorded a GDP growth rate of 7.6 percent.

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