WebMar 22, 2024 · It has revised upwards the GDP growth forecast for the current fiscal by 0.6 percentage points to 8.7 per cent. NEW DELHI: Rating agency Fitch on Tuesday slashed India's growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent, citing sharply high energy prices on account of the Russia-Ukraine war. With the Omicron wave … WebSep 16, 2024 · Fitch, which had in June projected India’s GDP to grow by 7.8% in 2024-23, also forecast a slowdown in growth to 6.7% in FY24 from its earlier estimate of 7.4%.

Fitch cuts India GDP forecast for FY22 to 8.4% - ETAuto.com

WebDec 6, 2024 · Fitch Ratings has pegged India’s GDP growth forecast to 7% for the current financial year 2024-23, due to a large boost from consumption and investment. WebApr 12, 2024 · Key View. Tightening trade controls by Russia’s neighbours suggest that the country’s imports will rise by less than we had expected, leading us to revise our 2024 real GDP forecast from -5.0% to -3.5%. At the same time, we have revised down our medium- and long-term growth forecasts from an average of 1.3% 2024-2032 to an average of … dudley council e housing

Fitch Revises Outlook on India to Stable, Affirms at

WebDec 8, 2024 · Fitch, which had previously forecast a GDP growth of 8.7 per cent in 2024-22 (April 2024 to March 2024), however, raised the economic growth projection for the next … WebOct 7, 2024 · Fitch said it has further lowered India's GDP forecast for the fiscal year ending March 2024 (FY22) to 8.7 per cent from 10 per cent in June as a result of the severe second virus wave. WebDec 8, 2024 · Fitch Ratings on Tuesday raised India’s GDP forecast to -9.4% in the current fiscal year to March 2024 from a previously projected contraction of 10.5% after the economy staged a sharper rebound ... dudley council garages to rent