Fitch Cuts India's GDP Forecast to 6.4%

FITCH RATINGS ON Thursday cut India's GDP growth estimate by 10 basis points (bps) to 6.4% for the current fiscal, but retained the projections for the next financial year, on concerns over a 'severe' escalation in global trade war.

- PRESS TRUST OF INDIA

"It is hard to predict US trade policy with any confidence. Massive policy uncertainty is hurting business investment prospects, equity price falls are reducing household wealth, and US