For the current financial year, the global ratings agency has retained its growth projection at 6.8%, and for FY26, it has projected growth to rise to 6.9%. S&P Global's FY25 growth forecast is 20 basis points (bps) higher than the Reserve Bank of India's (RBI) projection of 6.6%.
The GDP growth print for Q2FY25 was weaker than expected at 5.4%, said S&P Global. "The fiscal impulse was slower, and pockets of weakness such as the urban middle class held back," it said.
Diese Geschichte stammt aus der December 11, 2024-Ausgabe von Financial Express Kolkata.
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Diese Geschichte stammt aus der December 11, 2024-Ausgabe von Financial Express Kolkata.
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