Fitch raises India’s GDP forecast to 6.3% for current fiscal year – Times of India

[ad_1] NEW DELHI: Fitch Ratings on Thursday raised its forecast for India’s economic growth to 6.3 per cent for current fiscal year 2023-24 from 6 per cent 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 per cent GDP expansion in … Read more

India’s economy signals resilience even as exports dim outlook – Times of India

[ad_1] NEW DELHI: India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s surpassing China as the most populous nation. While the needle on a dial measuring the so-called Animal Spirits was unchanged at 5 for a third straight month, … Read more