September 24, 2024 3:55 PM
S&P retains India’s growth forecast at 6.8%
India’s economy remains on a positive trajectory despite ongoing fluctuations. Global ratings agency S&P has upheld its forecast for India's economic growth at 6.8% for the current fiscal year 2024-25. The agency is also hopeful that the Reserve Bank of India (RBI) will begin lowering interest rates in its upcoming monetary policy review scheduled for October. Growth Projections for 2025-26 Remain Steady at 6.9% In its latest Asia-Pacific economic outlook report, S&P Global Ratings m...