India clears $1.9 billion loan guarantee plan as Iran war hurts firms, airlines

May 5, 2026 - 18:45
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India clears $1.9 billion loan guarantee plan as Iran war hurts firms, airlines
While the government maintains a 6.8%-7.2% projection, Goldman Sachs predicts 5.9% growth. In response, India approved a 181 billion rupee credit guarantee plan to support businesses affected by the conflict.

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