Fitch raises India’s average growth potential to 6.4% till 2028

Fitch raises India’s average growth potential to 6.4% till 2028

Fitch Ratings on Thursday (May 22, 2025) raised India’s average annual growth potential till 2028 to 6.4 per cent, from 6.2 per cent estimated in November 2023. Also read: India’s economy resilient to Trump tariff uncertainty & Pakistan tensions: Moody’s Ratings “The Indian economy bounced back more strongly than we expected at the time of […]

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Fitch retains India growth forecast at 7% for 2022-23, cuts projections for next 2 years

Fitch retains India growth forecast at 7% for 2022-23, cuts projections for next 2 years

In September, Fitch projected 7% growth for the current fiscal, followed by 6.7% in 2023-24 and 7.1% growth in 2024-25. File Fitch Ratings on December 6 retained India’s economic growth forecast at 7% for the current fiscal, but cut projections for the next two financial years saying the country is not impervious to global developments. […]

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Fitch cuts India growth to 7% for 2022-23

Fitch cuts India growth to 7% for 2022-23

Rating firm expects RBI to continue with rate hikes. Rating firm expects RBI to continue with rate hikes. Fitch Ratings on Thursday, September 15, 2022, slashed its growth forecast for the Indian economy to 7% in 2022-23 from 7.8%, with 2023-24 growth to slow further to 6.7% from 7.4% projected before.  Fitch also slashed global […]

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Fitch flags fears from fuel price freeze for OMCs

Fitch flags fears from fuel price freeze for OMCs

‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ Oil marketing companies’ (OMCs’) losses on account of frozen retail fuel prices and the prospect of prolonged ‘State interference’ in pricing decisions pose a negative risk for […]

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