New Delhi, Sept. 10 -- Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).

"Domestic demand will be the key driver of growth, as strong real income dynamics support consumer spending and looser financial conditions should feed through to investment" noted the report.

The upgrade follows a sharper-than-expected acceleration in the pace of activity between the first and second quarter of FY25.

However, the report adds that economic momentum of the country is likely to slow in the second half of the current financial year as the economy is operating slightly above its potential.

"annual growth will sl...