India  
 
NewsR.in

Fitch ups India's FY24 GDP growth forecast to 6.3% on stronger momentum

IndiaTimes Thursday, 22 June 2023
The Indian economy is expected to clock a higher growth of 6.3 per cent — one of the highest in the world — in current fiscal year aided by sustained momentum in manufacturing output and infrastructure spending, Fitch Ratings said on Thursday.The agency has revised upwards the growth forecast from 6 per cent projected in March.The economy also continues to benefit from high bank credit growth and infrastructure spending (with more to come from the latter), Fitch added.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

World Bank cuts India's GDP growth forecast in its new report | Oneindia News [Video]

World Bank cuts India's GDP growth forecast in its new report | Oneindia News

The World Bank has recently released its Global Economic Prospects report. It has raised its 2023 global growth forecast as the US and other major economies have proven more resilient than its earlier..

Credit: Oneindia     Duration: 02:21Published

Related news from verified sources

Fitch raises India's GDP forecast to 6.3% for current fiscal year

 Fitch Ratings on Thursday raised its forecast for India's economic growth to 6.3 per cent for current fiscal year 2023-24 from 6 per cent it had predicted...
IndiaTimes