India’s growth to settle around 6.5% after initial rebound: Fitch


Delhi: Predicting continued stress on the Indian economy owing to the ongoing pandemic, Fitch Ratings on Thursday said that after an initial rebound in FY22, growth will slip to around 6.5% a year over FY23-FY26. “We expect the GDP to expand by 11% in FY22 after falling by 9.4% in FY21,” Fitch Ratings said.