S.&P. Has raised India's growth rate to 6.4% for the financial year 2023 - 24

S.&P. Has raised India's growth rate to 6.4% for the financial year 2023 - 24

Daily Current Affairs   /   S.&P. Has raised India's growth rate to 6.4% for the financial year 2023 - 24

Change Language English Hindi

Category : Business and economics Published on: November 29 2023

Share on facebook
  • S. & P. Is a global rating agency.
  • Recently it has increased India's growth rate forecast for the financial year 2023 - 24.
  • It has set India's growth rate at 6.4% for 2023 - 24.
  • Earlier this growth rate was set at 6.0%.
  • Thus, India's growth rate estimate for the year 2023-24 has been increased by 0.4%.
  • The report attributed the increase to strong internal conditions, offset by headwinds arising from rising food prices and sluggish exports.
  • S. & P. The full name of is Standard and Poor's.
  • It is the financial rating agency of the United States.
Recent Post's