India Ratings pegs 2024-25 GDP growth at 7.1%
Skewed consumption demand and global headwinds affecting exports, identified as constraints to growth India Ratings and Research on Monday upgraded its GDP growth forecast for 2024-25 to 7.1% from 6.5%, citing strong support to the growth momentum from sustained government capex and deleveraged corporate and bank balance sheets, even as consumption demand and exports pose…
