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The Times of India
The Times of India
Business
PTI

India likely to grow at 7.8% in FY23 with risk tilted towards downside: Report

NEW DELHI: Indian economy is expected to grow by 7.8 per cent in 2022-23, mainly driven by the government's drive to push infrastructure spending and likely increase in private capital expenditure, rating agency Crisil said on Thursday.

The rating agency, however, cautioned that the ongoing Russia Ukraine war and rising commodity prices do pose a downside risk to the growth.

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