India is projected to become the world’s third-largest economy by the end of the decade behind the US and China, CNBC reported this week citing forecasts by two major institutions. The outlook from S&P Global is based on a forecast that nominal gross domestic product growth will average 6.3% through 2030, while Morgan Stanley expects India’s GDP…

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Swedish authorities have slashed the country’s economic growth outlook for next year citing rising inflation, Finance Minister Mikael Damberg said on Thursday. Stockholm increased its projection for economic growth to 2.3% in 2022 from a June prediction of 1.9%, but cut the outlook for next year to 0.4% from 1.1%.