Key Points
In the previous three quarters, India's economy expanded at 7.8 per cent in Q1, 7.6 per cent in Q2 and 8.4 per cent in Q3...
On Saturday, finance minister Nirmala Sitharaman said in an event at Mumbai that India will grow over 8 per cent in the January-March quarter of 2024..
The most recent upgrade came from Goldman Sachs, which has raised India's 2024 growth projections to 6.6 per cent, a 10 basis point improvement from its previous forecast...
S&P revises India's growth projections from 6.4 per cent to 6.8 per cent, Morgan Stanley from 6.1 per cent to 6.8 per cent and Moody's from 6.6 per cent to 8 per cent for the current fiscal...
But growth figures of the last three quarters showed that the economy expanded at 8.2 per cent in the first three quarters of this fiscal and adding to this finance minister statement that India's GDP will grow by over 8 per cent will give rating agencies a thought to re-write India's growth story..
