SP Global retains India 2024-25 GDP forecast, lowers for next two years

New Delhi [India], November 25 (ANI): SP Global Ratings on Monday retained India's GDP forecast for the current financial year 2024-25 at 6.8 per cent while cutting economic growth forecasts for the next two years.

For 2025-26 and 2026-27, the global rating agency pegged India's GDP forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points (100 basis points is equal to 1 percentage point) from its prev