The world seems to be raising a toast to the Indian economy. Fitch Ratings on Wednesday raised India's FY27 growth forecast to 6.9% from 6.4%, hours after S&P Global Ratings projected 7% growth, up from its earlier 6.6%. Moody's had already raised its forecast to 7% from 6% last week.
Three major global ratings agencies, three upgrades, and all arriving after India reported 7.8% GDP growth in the April-June quarter.
