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India's Growth Unstoppable: Rating Agency Predicts World-Beating Pace Amid Global Challenges
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Fitch: India's Growth Unstoppable Amid Global Wars, Fastest Worldwide at 7.5% GDP
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News18
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13-03-2026, 17:55
Fitch: India's Growth Unstoppable Amid Global Wars, Fastest Worldwide at 7.5% GDP
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Fitch Ratings forecasts India's GDP growth at 7.5% for the current fiscal year, marginally up from 7.4% previously.
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Despite global conflicts like trade wars and missile wars, India's growth pace is projected to be the fastest globally.
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Domestic demand, driven by consumer spending and investment, is identified as the primary engine for India's robust growth.
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Global GDP growth is estimated at 2.6% for 2026, contingent on oil prices not exceeding $70 per barrel.
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Risks include sustained high oil prices (above $100), which could impact global supply and consumer spending in India later.
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