Fitch Ratings slashed India’s GDP growth projection

Fitch Cuts India’s Economic Growth Forecast for FY23 to 7% from Previous Estimate of 7.8%

Fitch Ratings slashed India’s GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of the global economy, elevated inflation and high-interest rate. In June, it had forecast 7.8 per cent...