Fitch now expects lower GDP contraction in India at 9.4% for FY21
By Administrator_ India Capital Sands A sharper-than-expected rebound by India’s economy in the second quarter has prompted Fitch Ratings to lower its projections for GDP contraction to 9.4 per cent in the current financial year from 10.5 per cent forecast earlier. However, the agency warned against weak investment demand with Covid-19 affecting the economy and asset quality […]