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India admits its central bank's policies may have slowed the economy, with GDP growth at 5.4%.
The Indian Finance Ministry has acknowledged that the Reserve Bank of India's monetary policies may have contributed to the country's economic slowdown, with GDP growth at a near two-year low of 5.4%.
The Ministry revised growth expectations for 2024-25 to around 6.5% and noted that while domestic economic conditions are promising, global trade uncertainties and rising stock markets pose significant risks.
These factors may influence future monetary policy decisions.
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India admite que las políticas de su banco central pueden haber ralentizado la economía, con un crecimiento del PIB del 5,4%.