Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in October

Fitch Ratings has elevated India's GDP growth forecast to 6.9 percent for this fiscal year, reflecting strong economic performance in the June quarter. This indicates remarkable resilience in the economy, with private investments projected to soar beyond 10 percent. Furthermore, the Reserve Bank of India is expected to raise interest rates by 0.