S&P forecasts 7% GDP growth

FY27 projections revised upwards from 6.6% predicted earlier

NEW DELHI: S&P Global Ratings raised India’s GDP growth projections on September 23 for the current fiscal to 7 per cent, citing robust economic activity and forecasting that the Reserve Bank of India (RBI) could hike interest rates by 25 basis points in FY27. In its Economic Activity for Asia Pacific report, S&P estimates consumer…

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