Fitch projects India's FY'27 GDP growth at 6.9%, RBI rate hike expected
· rediff.com
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
Fitch Ratings has upgraded India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, reflecting the nation's robust economic resilience a...