New Delhi: Rating agency Fitch on Tuesday lowered India's growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent citing rising energy prices on the back of Russia-Ukraine war. The agency has raised the GDP growth forecast for the current fiscal by 0.6 percentage points to 8.7 per cent. "However, we have lowered our growth forecast …
With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year, the agency said. New Delhi: Rating agency Fitch on Tuesday slashed India’s growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent, citing sharply high energy prices on …
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