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New Delhi, Sep 23 (UNI) Fitch Ratings has raised its forecast for India's economic growth in the cur
Published: 23/09/26 09:55
New Delhi | India
New Delhi, Sep 23 (UNI) Fitch Ratings has raised its forecast for India's economic growth in the current financial year to 6.9 per cent, up from its earlier estimate of 6.4 per cent, citing stronger-than-expected economic activity and resilience in the face of external shocks. The revision follows India's 7.8 per cent year-on-year GDP growth in the June quarter, which came in stronger than Fitch had anticipated. The rating agency said the performance showed that the Indian economy had remained resilient despite the economic impact of the US-Iran conflict and deterioration in the terms of trade during the first half…