Indian Economy and Business: Markets Extend Gains on Trade Optimism, Fitch Upgrades Growth Forecast
September 11, 2025
Indian equity markets continued their upward trend for the sixth consecutive session on September 10, 2025, buoyed by positive sentiment surrounding India-US trade talks, anticipated GST reforms, and expectations of US Federal Reserve rate cuts. Fitch Ratings notably upgraded India's FY26 GDP growth forecast to 6.9%, highlighting robust domestic demand. Chief Economic Advisor V. Anantha Nageswaran affirmed India's economic resilience and clarified that the nation is not pursuing an alternative to the US dollar.
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