S&P Global Ratings on Tuesday raised India's growth forecast for the next financial year to 6.8 per cent, but flagged restrictive interest rates as a dampener for economic growth.
In November, last year, the US-based agency had projected India's growth to be 6.4 per cent in 2024-25 fiscal on robust domestic momentum
S&P Global Ratings on Tuesday raised India's growth forecast for the next financial year to 6.8 per cent, but flagged restrictive interest rates as a dampener for economic growth.
The Indian economy is estimated to have clocked a growth of 7.6 per cent in the current fiscal.
In November, last year, the US-based agency had projected India's growth to be 6.4 per cent in 2024-25 fiscal on robust domestic momentum.