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S&P Global and Morgan Stanley Forecast India’s GDP Growth at 6.4% in 2024
S&P Global and Morgan Stanley Forecast India’s GDP Growth at 6.4% in 2024 In a positive outlook for India’s economic trajectory, both S&P Global and Morgan Stanley have released forecasts projecting a robust Gross Domestic Product (GDP) growth rate of 6.4% for the year 2024. These predictions signal optimism for India’s economic recovery and underscore the country’s resilience and potential in the global landscape. 1. Economic Resilience Amid Global Challenges: The projections by S&P Global and Morgan Stanley reflect a vote of confidence in India’s ability to navigate and rebound from the challenges posed by the global economic landscape. Despite uncertainties and disruptions, the forecasted growth rate suggests that India…