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ICRA maintains FY2023 GDP growth projection at 7.2%, with strengthening service sector growth offsetting commodity price headwinds
SDL issuance in Q1 FY2023 was 42% lower than indicated
India’s CAD trailed expectations in Q4 FY2022; estimated at US$100 billion or 2.9% of GDP in FY2023
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Recent Releases
Hero FinCorp Limited: Ratings reaffirmed
Rationale
/ 30 Jun 2022
Hero Housing Finance Limited: Ratings reaffirmed
Rationale
/ 30 Jun 2022
BIBA Fashion Limited: Ratings reaffirmed; outlook revised to Positive
Rationale
/ 30 Jun 2022
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ICRA Special Comments
ICRA maintains FY2023 GDP growth projection at 7.2%, with strengthening service sector growth offsetting commodity price headwinds
Key Economic Indicators / Jun 2022
SDL issuance in Q1 FY2023 was 42% lower than indicated
State Government Finance / Jun 2022
India’s CAD trailed expectations in Q4 FY2022; estimated at US$100 billion or 2.9% of GDP in FY2023
Key Economic Indicators / Jun 2022
Read more
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