World & BusinessIndia’s reported 7.8% growth and the lingering GDP debate
The Economic Times reports that Fitch, S&P and Moody’s have raised their forecasts for India, even as questions about its GDP figures persist at home.
TLDR
The Economic Times reports 7.8% growth in India and higher forecasts from Fitch, S&P and Moody’s, alongside continuing domestic questions about the GDP numbers. It says the economy has held up better than expected, but oil, inflation and tighter financial conditions could make that growth pace harder to sustain.
India’s reported 7.8% growth and the lingering GDP debate
The Economic Times reports that Fitch, S&P and Moody’s have raised their forecasts for India, even as questions about its GDP figures persist at home.
TLDR
The Economic Times reports 7.8% growth in India and higher forecasts from Fitch, S&P and Moody’s, alongside continuing domestic questions about the GDP numbers. It says the economy has held up better than expected, but oil, inflation and tighter financial conditions could make that growth pace harder to sustain.
