WebSep 1, 2024 · Real GDP grew by 20.1% y-o-y in Q1 of FY22 (April 2024 – March 2024), as localised lockdowns during India’s devastating second wave of Covid-19 infections proved much less disruptive to output versus a nationwide lockdown during the same quarter of FY21. We at Fitch Solutions maintain our forecast for real GDP to grow by 9.0% in … WebOct 8, 2024 · Fitch said it has further lowered India's GDP forecast for the fiscal year ending March 2024 (FY22) to 8.7% from 10% in June as a result of the severe second virus wave. It had in June cut the ...
India - Fitch Ratings
Web1 day ago · India’s retail inflation fell to a 15-month low in March thanks to a high base and easing price pressure across categories. Meanwhile, factory output rose to a three-month high in February. Data released by the National Statistical Office showed the consumer price index (CPI)-based inflation was 5.66 per cent in March, down from 6.44 per cent ... WebOct 7, 2024 · Fitch Ratings has cut India's economic growth forecast to 8.7 per cent for the current fiscal but raised GDP growth projection for FY23 to 10 per cent, saying the second COVID-19 wave delayed rather than derail the economic recovery.. In its APAC Sovereign Credit Overview, Fitch Ratings said India's 'BBB-/Negative' sovereign rating … crystal coloring page
Fitch lowers India
WebDec 8, 2024 · International ratings agency Fitch on Wednesday revised India’s economic growth forecast to 8.4 percent for FY22. Fitch had previously forecast a GDP growth of 8.7 percent for the current fiscal. The rating agency, however, has raised the FY23 economic growth projection to 10.3 percent from the previous forecast of 10 percent. 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 ... WebSep 15, 2024 · Fitch, which had in June projected India's GDP to grow by 7.8 per cent in 2024-23, also forecast a slowdown in growth to 6.7 per cent in FY24 from its earlier … dwarf fortress windmill hanging