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Rupee Slide, External Pressures Push India to 6th Largest Economy
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Rupee slide, external pressures push India to 6th largest economy
India’s economy is showing signs of moderation, with growth momentum easing amid structural challenges and rising external headwinds. The country’s slip to sixth place in global economic rankings is largely attributed to persistent depreciation of the rupee, volatility in international crude oil prices, and broader macroeconomic pressures. As a major energy importer, India remains particularly vulnerable to oil price fluctuations, which strain t…
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