According to the Finance Ministry report, the Indian economy is expected to grow at 7% in FY23 despite global headwinds.

* According to the Finance Ministry report, the Indian economy is expected to grow at 7% in FY23 despite global headwinds.

* Retail inflation would moderate in line with wholesale inflation which fell to a 25-month low in January 2023.

* It will be supported by the gains from high services exports, the moderation in oil prices, and the recent fall in import-intensive consumption demand.

* The current account deficit (CAD) of India is estimated to fall in FY23 and FY24..

Source : Mint