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Mumbai: Moody's Analytics on Tuesday projected the Indian economy to grow at 7.1 per cent in the current fiscal year.

In its new Asia-Pacific outlook, the global credit rating agency kept the country's growth forecast unchanged at 6.5 per cent for FY24-25 while projecting a growth rate of 6.6 per cent in FY25-26.

Moody's Analytics has lowered India's inflation forecast to 4.7 per cent from the earlier 5 per cent.

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