S&P Global Ratings retains FY24 India growth projection at 6 per cent

S&P Global Ratings retained Indias GDP Growth forecast at 6 per cent saying it will be the fastest growing economy among Asia Pacific nations.

The GDP growth forecast for the current and the next fiscal has been kept unchanged from the forecast made in March partly on account of domestic resilience.

The medium-term growth outlook remains relatively solid. The Asian emerging market economies remain among the fastest growing ones in our global growth outlook through 2026.