Fitch lowers growth forecast to 7 per cent

Fitch lowers growth forecast to 7 per cent

New Delhi : Global credit rating agency Fitch Ratings has slashed India’s economy growth forecast to 7 per cent for the current financial year. Predicting this revised forecast on Thursday, Fitch reported that the economy’s growth will slow due to rising inflation and raising interest rates by the central bank to control inflation. In June, … Read more