Fitch cuts India GDP growth forecast for this fiscal to 6%

Context: Fitch Ratings has lowered its 2023-24 GDP growth forecast for India to 6%, from 6.2%, citing headwinds from elevated inflation and interest rates along with subdued global demand, with the expansion seen quickening to 6.7% in 2024-25, as against the 6.9% projected earlier. India’s GDP Growth Projection About Fitch: Fitch Ratings Inc. is an … Continue reading Fitch cuts India GDP growth forecast for this fiscal to 6%