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Fitch places India among fastest-growing markets, retains forecast at 7%

Shortpedia

Content Team
Image Credit: PTI

Fitch Ratings on Tuesday retained India's economic growth forecast at 7% for the current fiscal, saying India could be one of the fastest-growing emerging markets this year. It, however, cut the projections for the next two financial years, stating that even though the country is shielded to some extent from global economic shocks but is not impervious to global developments.