CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.
For the next financial year, 2025-26, it pegged India's GDP growth at 6.7 per cent, in a webinar held on Economic and Sector Outlook for 2025.
Despite global uncertainties, CareEdge Ratings asserted that India will continue to hold steady in 2025.
The Reserve Bank in its latest monetary policy had cut India's growth forecast to 6.6 per cent from 7.2 per cent.
Sachin Gupta, Chief Rating Officer and ED, CareEdge Ratings, said that the first half of 2024-25 paints a picture of cautious optimism within India's corporate sector.
Diese Geschichte stammt aus der December 16, 2024-Ausgabe von The Business Guardian.
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