Published on Sep 25, 2024
Current Affairs
S&P Global Ratings
S&P Global Ratings

♦ S&P Global Ratings maintained its growth forecast for India’s Gross Domestic Product (GDP) at 6.8% for current fiscal (2024-25). In its latest Asia-Pacific economic outlook report, it also kept its forecast of 6.9% for the next fiscal year (2025-26). 

♦ The Indian economy grew 8.2 per cent in the last fiscal (2023-24).

♦ S&P expects inflation to average 4.5 per cent in the 2024-25 fiscal.