The National Statistical Office (NSO) has projected the Indian economy to grow at 7.3 per cent in 2023-2024 — higher than the Reserve Bank of India’s estimate of 7 per cent — assuming an investment-led recovery in the world’s fifth largest economy.This beats the Street estimates by a wide margin. Most economists have assumed India’s gross domestic product (GDP) to grow between 6.5 per cent and 6.7 per cent during the ongoing financial year. In FY23, GDP expanded 7.2 per cent.
7 mutual fund NFO’s will open for subscription this week
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