India’s growth forecast raised ...News

The country's economy is projected to expand 6.4% next year, according to S&P The Indian economy could perform better than expected next year, with the S&P Global Ratings revising its growth forecast upwards on Monday. The rating agency now projects India’s gross domestic product (GDP) to grow 6.4% in the financial year 2024 compared to the previous forecast of 6%, “as robust domestic momentum seems to have offset headwinds from high food inflation and weak exports.” The S&P’s projection for the next year is close to the figure set by India’s central bank, which expects the economy to grow 6.5% in 2024. Although

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Last updated : 27 Nov 2023 clock 03:40 PM

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India’s growth forecast raised ...News

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