India is leading global growth once again. Ratings agency Fitch has raised its forecast for India to 6.9%, making it the world’s fastest-growing major economy. Meanwhile, the U.S.—the world’s largest economy—is slowing down. Tariffs, high interest rates, and weak job creation are dragging it down. Fitch says the global economy will grow by 2.4% this year, with India driving the momentum. But rising unemployment and inflation concerns in America are now threatening global growth. What does this divergence mean? Can India sustain this lead? And is the U.S. losing its edge? Here’s a full breakdown of Fitch’s latest global outlook.
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India | Fitch Report | Indian Economy | Tariffs | United States | Global Growth | Firstpost | World News | News Live | Vantage | Palki Sharma | News
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