Moody’s Ratings raised India’s growth forecast for 2024-25 to 7.2 percent from 6.8 percent projected earlier on 29 August 2024. It has also raised its growth projections to 6.6 percent for 2025, up from 6.4 percent. Moody’s said, these forecast changes assume strong broad-based growth and we recognize potentially higher forecasts if the cyclical momentum, especially for private consumption, gains more traction.