scorecardresearchS &P Global Ratings trims India's FY23 growth forecast to 7.3%

S &P Global Ratings trims India's FY23 growth forecast to 7.3%

Updated: 19 May 2022, 11:38 AM IST
TL;DR.
  • Inflation is another factor whic is impacting growth. It is broad-based and more persistent than anticipated even a few quarters ago.
A sharp jump in crude oil prices is a matter of serious concern for India as the country is one of the biggest importers of crude oil. Photo: Pixabay

A sharp jump in crude oil prices is a matter of serious concern for India as the country is one of the biggest importers of crude oil. Photo: Pixabay