India’s growth to slow down in H2: Jahangir Aziz, JP Morgan

July 3, 2023

India’s growth is expected to slow down in the second half of the year, in line with the deceleration of the global economy. However, this slowdown is necessary to maintain macroeconomic and financial stability. The government’s fiscal deficit target and India’s large foreign exchange reserves should help to support macroeconomic stability.

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