Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation. We forecast 7.2% growth for calendar year 2024, followed by 6.6% in 2025 and 6.5% in 2026,” the global rating agency said, highlighting that the economy will continue its steady momentum in the July-September quarter. The Indian economy had expanded 6.7 percent in the April-June quarter of 2024.