Searched Tag: fitch ratings![Fitch Ratings has revised its growth forecast for the Indian economy, projecting a robust expansion of 7.2% for the current fiscal year, up from the previous estimate of 7%. Fitch Ratings has revised its growth forecast for the Indian economy, projecting a robust expansion of 7.2% for the current fiscal year, up from the previous estimate of 7%.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Findias-crowdjpg_1718694788564.jpg&w=3840&q=8)
![Fitch Ratings has revised its growth forecast for the Indian economy, projecting a robust expansion of 7.2% for the current fiscal year, up from the previous estimate of 7%. Fitch Ratings has revised its growth forecast for the Indian economy, projecting a robust expansion of 7.2% for the current fiscal year, up from the previous estimate of 7%.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Findias-crowdjpg_1718694788564.jpg&w=3840&q=8)
June 18, 2024, 12:13 AM - 2 mins read
Fitch's projections for the fiscal years 2025-26 and 2026-27 are growth rates of 6.5% and 6.2%, respectively. "We expect the Indian economy to expand by a strong 7.2% in FY24/25, an upward revision of 0.2 percentage points from the March GEO," Fitch stated in its global economic outlook report.
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