Fitch Upgrades India’s Economic Forecast

Risk Category: Economic RiskIntroduction Fitch Ratings, in its quarterly Global Economic Outlook (GEO) report, revised India’s GDP forecast in the current fiscal year 2024-25 from 7% to 7.2% even as the Reserve Bank of India (RBI) is expected to cut policy interest rates only by 25 basis points to 6.25 per cent. The rating agency also…

 

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