Indian economy on a strong footing: S&P raises India’s GDP growth forecast to 6.5%, despite fragile global situation

Indian economy on a strong footing: S&P raises India’s GDP growth forecast to 6.5%, despite fragile global situation

S&P Global Ratings anticipates India's economy will grow 6.5% this fiscal year. This revision considers normal monsoon and lower crude oil prices. Global uncertainties and Middle East unrest pose risks.