With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent.
The National Statistical Office, the Consumer Price Index (CPI)-based inflation eased marginally to 6.71 per cent in July from 7.01 per cent in the previous month.
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