Tag: GDP growth

India at the top of the global growth ladder

Newsroom247 Desk New Delhi: Fitch has maintained its GDP growth forecast for India for the fiscal year ending March 2016 (FY16) at 7.5%. Fitch has maintained in its Global Economic Outlook, published 7 March 2016 that growth in India is expected to gradually accelerate to 7.7% in FY17 and 7.9% in FY18. This implies minor

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Modi Government’s reform agenda has brought dynamism back to Indian economy

Newsroom24x7 Desk Hong Kong: Fitch Ratings has affirmed India’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. The issue ratings on India’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB-‘. The Outlooks on the Long-Term IDRs are Stable. The Country Ceiling is affirmed at ‘BBB-‘ and the Short-Term

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