Fitch Ratings Upgrades India’s GDP Growth Forecast To 7% For 2024-25 Fiscal Year

They raised its growth rate estimate for the US to 2.1%. In its latest Global Economic Outlook, the rating agency noted that India’s economic growth is outperforming quarterly estimates, propelled by a surge in domestic demand. Fitch Ratings, an American credit rating agency, has revised its forecast for India’s gross domestic product (GDP) growth rate … Read more

PM talking up transformative GDP but what matters is annual growth rates over longer period: Congress

NEW DELHI: The Congress on Sunday said Prime Minister Narendra Modi and finance minister Nirmala Sitharaman are “repeatedly talking up” transformative GDP growth based on the recent July-September numbers but what matters more is annual growth rates over a longer period.Annual average GDP growth rate during the UPA government was 8.1 per cent against 5.4 … Read more