India's GDP could have hit 8% sans global shocks

India's GDP growth could have surpassed 8% if not for recent global shocks, said RBI Deputy Governor Poonam Gupta. She attributed the moderation to external headwinds impacting trade and investment flows. Despite this, domestic demand remains robust, with growth at 6.7% in the last quarter. The RBI expects resilience in consumption and investment to sustain momentum.

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