From ‘fragile five’ to 7.8% growth: PM Modi attacks opposition over ‘pessimism’ on India's economy

Addressing the centenary celebrations of Shri Ram College of Commerce in Delhi, Prime Minister Narendra Modi highlighted India’s 7.8 per cent quarterly growth and its economic performance amid ongoing challenges. PM Modi said India, once described as one of the ‘Fragile Five’, is now being watched as the fastest-growing major economy. He pointed to a Japanese credit rating agency upgrading India’s rating and said the 7.8 per cent growth came despite the ongoing war in West Asia and several trade-related challenges.