JP Morgan raised India's annual growth forecast by 50 basis points to 5.5% for fiscal 2024, despite a possible global economic slowdown and tighter financial conditions that could hinder economic progress. The brokerage firm stated that it would take monetary policy some time to rebound and that India could benefit from the El Nino effect and lower prices of commodities.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lpSi4xz
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