Category : Business and economicsPublished on: January 06 2024
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Recently, rating agency India Ratings released the figures of economic growth rate in the country.
According to this agency, the country's growth rate will be 6.7% in the current financial year.
Earlier this growth rate was estimated at 6.2%.
The agency has said that the country's growth rate will increase due to a strong economy, continued growth, and the possibility of new private corporate capital expenditure.
Earlier in October, India Ratings raised India's GDP growth forecast in FY2024 to 6.2% from 5.9%.
India Rating Agency is a subsidiary of Fitch Rating Agency.
