Fitch raises India's GDP growth forecast to 7.4% for FY19
Global rating agency Fitch on Wednesday raised India's GDP growth forecast to 7.4% for 2018-19 from 7.3% earlier. However, it said higher financing costs and rising oil prices should limit the upside to growth. Last month, Moody's cut India's growth forecast for the ongoing fiscal to 7.3% from 7.5% citing rising oil prices.