Fitch said GDP growth accelerated further in the July-September quarter to 8.2 per cent, from 7.8% in the April-June quarter. (A view of Mumbai Skyline. Photo: Hardik Joshi/Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Fitch Ratings on Thursday raised India's GDP growth forecast for the current fiscal to 7.4%, from 6.9%, on increased consumer spending and improved sentiment boosted by GST reforms.

It said falling inflation gives the Reserve Bank of India (RBI) room for one more policy rate cut in December to 5.25%, following 100 basis points of cuts in 2025 so far.

Fitch said GDP growth accelerated further in the July-September quarter to 8.2 per cent, from 7.8% in the April-June quarter.

"Growth will ease over the remainder of the financial year 2025-26 (t

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