S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

  • Posted on September 24, 2024
  • By Business News Today
  • 3 Views
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P Global Ratings has maintained India's growth forecast at 6.8% for the current fiscal year and expects the RBI to start cutting interest rates in October. The agency also projects GDP growth of 6.9% for 2025-26, highlighting the government's focus on fiscal consolidation and infrastructure spending.
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