Monday, December 25, 2023
India's resilient economy seen expanding 6.7% in FY24
India's resilient economy seen expanding 6.7% in FY24 https://ifttt.com/images/no_image_card.png"India's growth has remained largely resilient in the face of external headwinds," said Rahul Bajoria, managing director and head of EM Asia (ex-China) economics, Barclays. Last month's release of second quarter numbers led to a spate of forecast revisions for the fiscal year. Ratings agency Fitch expects the economy to grow 6.9% in FY24, compared with 6.5% projected earlier.
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