According to the Finance Ministry, the Indian economy would expand by 7%, and inflation should moderate

According to the Finance Ministry, the Indian economy would expand by 7%, and inflation should moderate.

According to the ministry’s Monthly Economic Review, India’s current account deficit is anticipated to decrease in FY23 and FY24, giving the rupee a safety net in tumultuous times.

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This is due to the benefits from high services exports.

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India increases its market share in both Information Technology and non-IT services.

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