Top headlines: India's Q4 GDP grows 4.1%; IMD raises 2022 monsoon forecast

Business Standard brings you the top headlines on Tuesday

India's GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data

India’s economy slowed down for the third consecutive quarter in the January to March period to grow at 4.1%, while the National Statistical Office pared down overall growth forecast for FY22 a tad to 8.7% from 8.8% estimated in January.

However, elevated level of inflation and rising interest rates are expected to temper economic growth momentum in FY23. Read more

India's FY22 fiscal deficit at 6.7% of GDP, lower than earlier estimate

Fiscal deficit for 2021-22 worked out to be 6.71 per cent of the gross domestic product (GDP),