Fitch Ratings

Fitch Ratings revises India’s growth estimate to 12.8%

March 24, 2021

American credit rating agency, Fitch, has published its ‘Global Economic Outlook (GEO)’. Fitch has revised GDP growth estimate of India to 12.8% for the fiscal year 2021-2022 from the previous 11%. Ratings were revised in the backdrop of loose fiscal ..

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Global Economic Prospects Report

January 6, 2021

The World Bank recently released the Global Economic Prospects report. What are the key findings of the Global Economic Prospects report? According to the report the Indian economy is to contract by 9.6% in 2020-21.  The Indian economy is to ..

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World Bank Report

June 9, 2020

The World Bank in its latest Global Economic Prospect downgraded its projection of growth of India by -9%. However, the World Bank believes that Indian growth is to bounce back in 2021. Highlights The World Bank says that the growth ..

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Portal GARUD launched by DGCA

May 6, 2020

The Directorate General of Civil Aviation (DGCA) operating under Ministry of Civil Aviation launched “GARUD” Portal. GARUD is Government Authorisation for Relief Using Drones. Highlights The GARUD portal will assist state entities to obtain exemptions from central government to operate ..

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Fifteenth Finance Commission to assess impacts of COVID-19

April 21, 2020

The Economic Advisory Council of the Fifteenth Finance Commission is to meet on April 23 and 24, 2020. The council is to discuss the impacts of COVID-19. Highlights A two-day meeting is to be held through video conference. The experts ..

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World Bank: India is expected to grow at 1.5% to 2.8%

April 14, 2020

On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to 2.8%. Key Highlights of the report The report says that India’s growth ..

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Fitch Ratings cuts India’s growth forecast to 5.1% for FY 2020-21

March 21, 2020

Fitch Ratings has recently cut India growth forecast to 5.1 per cent for FY 2020-21.  Fitch had projected India to grow at 5.6 per cent in 2020-21 and 6.5 per cent in the following year, in its previous report released ..

India’s GDP Forecasts by Fitch Ratings

March 23, 2019

In it’s Global Economic Outlook report, Fitch Ratings has cut India’s economic growth forecast for the next financial year 2019-20 starting from April 1 to 6.8 per cent from its previous estimate of 7 per cent, on the account of ..

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Current Affairs : August 17, 2011

August 17, 2011

Competition Commission of India imposes heavy Penalty on Real Estate Giant DLF The Competition Commission of India (CCI) imposed a heavy penalty of Rs.630 Crore on real estate giant DLF for abusing its leading position CCI issued a cease and ..

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