Economists at Nomura and Morgan Stanley have raised their economic growth forecast for India's fiscal 2024 after data showed the economy grew at its fastest pace in a year in the April-June quarter. Nomura now expects GDP to rise 5.9% for the year ending March 2024, while Morgan Stanley raised it to 6.4%. BofA Global Research, however, cut their estimates as quarterly growth missed their forecast.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BKxmZzA
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