Business Industry
Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations
Economy National
Global credit ratings agency Fitch Ratings has upgraded India’s economic growth forecast for fiscal year 2025–26 to 6.9%, raising it from the earlier estimate of 6.5%. Q1 Performance The revision follows a stronger-than-expected performance in the April–June quarter, when India’s real GDP grew 7.8% year-on-year, compared to 7.4% in the previous quarter. Fitch had earlier