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The Hindu
The Hindu
National
PTI

Fitch raises India's GDP forecast to 6.3% from 6% for current fiscal year

Fitch GDP India Fitch Ratings Economic Growth

Fitch Ratings on Thursday (June 22) raised its forecast for India's economic growth to 6.3% for current fiscal year 2023-24 from 6% it had predicted previously.

This is primarily because of a stronger outturn in the first quarter and near-term momentum.

The growth forecast compares with 7.2% GDP expansion in FY23. In the previous fiscal year (FY22), the economy had grown 9.1%.

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