Monday, March 30, 2020

Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21

Fitch Solutions joins a chorus of international agencies that have made a similar cut in growth estimates in recent days. Standard and Poor's (S&P) last week cut its estimate for India's GDP growth in 2020-21 to 5.2 per cent from its earlier estimate of 6.5 per cent. Fitch Ratings slashed its growth forecast from 5.6 per cent to 5.1 per cent for 2020-21.

from Economy-News-Economic Times https://ift.tt/39vi64J

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