World Bank news: World Bank lowers India FY24 growth forecast to 6 3%

“While gross FDI investments were positive and stable at around USD 7.3 billion, FDI by India abroad spiked to USD 5.2 billion, bringing down net FDI flows,” it said. But the global economy has proved surprisingly resilient in the face of higher borrowing costs, and the World Bank predicts that growth will accelerate to 2.4%[…]

World Bank news: World Bank lowers India FY24 growth forecast to 6 3%

“While gross FDI investments were positive and stable at around USD 7.3 billion, FDI by India abroad spiked to USD 5.2 billion, bringing down net FDI flows,” it said. But the global economy has proved surprisingly resilient in the face of higher borrowing costs, and the World Bank predicts that growth will accelerate to 2.4%[…]