Fitch slashes India's GDP forecast to 6.4% for FY25. But it has few good things to say

Fitch Ratings lowered India's GDP growth forecast for 2024-25 to 6.4% from 7%, echoing the Reserve Bank of India's reduced projection. Despite recent mixed indicators, Fitch maintains a positive outlook, citing strong domestic demand and continued policy support in infrastructure and digitalization as key growth drivers.