Report
India’s chief economic adviser warns of oil and rate pressures, sees Q2 growth at 7.3%
The Economic Times reports that Chief Economic Adviser V Anantha Nageswaran expects the second half of India’s fiscal year to be challenging amid rising oil prices and global growth risks.
TLDR
The Economic Times reports that India’s chief economic adviser warned of oil and rate pressures in the second half of the fiscal year and sees Q2 growth at 7.3%. The report says GDP grew 7.8% in Q1.
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