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Fitch raises India's GDP forecast to 6.3% for current fiscal year
Credit: IndiaTimes- Published on June 22, 2023
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 FY23.
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