Fitch Ratings predicts US economic slowdown may drive foreign investment towards India.

Fitch Ratings suggests a potential US economic slowdown and interest rate cuts could lead foreign investment towards India. Weak credit growth and slowing consumer spending in the US are expected to continue into the second half of 2024. India's economic growth, robust fiscal discipline, and stable investment environment may attract investors seeking better returns amidst potential reduced US interest rates.

August 04, 2024
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