NEW DELHI, Dec 6 (Reuters) – India’s financial system is anticipated to develop 6.9% within the present fiscal yr, the World Financial institution mentioned in a report on Tuesday, citing tightening financial coverage and excessive commodity costs as components impacting the nation’s progress.
The report sees common retail inflation at 7.1 this yr. (Reporting by Manoj Kumar, writing by Tanvi Mehta; Modifying by Kim Coghill)