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Fitch Cuts India GDP Growth Forecasts
Mint Mumbai
|April 18, 2025
In FY26, the Indian economy is expected to grow at 6.4%, down from 6.5% Fitch Ratings had projected in Mar
Fitch Ratings on Thursday lowered India's economic growth forecast for the financial year that ended in March as well as the current fiscal by 10 basis points each, while making a sharp 40 basis-point cut in its global growth estimate for the current year in response to the severe escalation in the global trade war.
The rating agency said India's economy is forecast to have grown at 6.2% in FY25, down from the 6.3% it had projected last month.
Dit verhaal komt uit de April 18, 2025-editie van Mint Mumbai.
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