Fitch Ratings puts India to be among fastest growing countries

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Resilient GDP growth of 6.5% in 2425 and for the current Financial year that’s 2324 it speced the GDP at 6.9% pretty much higher than the World Bank and all those other even the IMF and uh the global rating agency said that it expects the robust economic growth to

Boost demand and this would help corporates uh despite the weakness in the slowing uh overseas markets uh to improve their positions easing uh input cost pressure as well should also boost profits in the financial year ending march 2025 or fy2 and this is by 290 basis points above the FY 23 levels is

What they say this two will help corporates maintain uh adequate rating headro despite higher capex in India coal Imports for blending have has decreased substantially this is by 44.2% in fact to 15.16 metric tons up to November of 2023 from 27.2 metric tons in the corresponding period of the previous

Year this is despite the escalating power demand in the country this shows that the countes is committed to self-reliance and coal production as well as to minimizing overall coal Imports lab grown diamonds they have grown in popularity over the past several years and they’ve become

Fitch Ratings puts India to be among fastest growing countries | DD India