Question
Fitch, a rating agency, has revised its GDP forecast
for India, predicting a growth rate of ____% for the financial year 2023-24 (FY24).Solution
Ratings agency Fitch has revised its GDP forecast for India, predicting a growth rate of 6.3% for the financial year 2023-24 (FY24). This upward revision from the previous projection of 6% comes as a result of the country’s near-term momentum and a robust performance in the first quarter.
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