High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shock.
New Delhi [India], March 22 (ANI): Rating agency Fitch on Tuesday lowered India's GDP growth forecast to 8.5 per cent for the financial year 2022-23 citing the risks to the economy due to higher energy prices.
\
\
\
\
\
\
