JPMorgan marked up its 2024 growth forecast from 5% to 5.5%, citing a number of reasons to justify only a modest increase.
JPMorgan increased its 2024 economic forecast for India — but only marginally — saying the country's growth will be affected by a slowdown in global growth momentum.
The South Asian nation's strong growth was driven by a pick up in domestic demand for goods and services as well as strong exports.
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