Current Affairs Economy & Banking

Fitch Ups India Growth Forecast To 7.4% For FY'19

Category : Economy & Banking

 Fitch Ratings raised India growth forecast for 2018-19 to 7.4% from 7.3% but cited higher financing costs and rising oil prices as risks to growth. For 2019-20, it estimated the country to grow at 7.5%. The economy grew at 6.7% in 2017-18 and 7.7% in January-March quarter.
Source- The Economic Times


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