GDP Growth Rate Current Affairs, GK & News
What are current trends in India’s GDP growth forecast?
Recently, India’s GDP Growth Forecast for current financial year was lowered to 7.2 percent by Morgan Stanley. It marked a reduction by 40 basis points, as compared to last forecast. Growth forecast was lowered in light of a slowdown in global growth. Trends in India’s GDP Growth: Morgan Stanley has also reduced the Growth Forecast ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: CPI inflation • GDP growth • GDP Growth Rate • India's GDP Forecast • Morgan Stanley
NSO Estimates on FY22 GDP Growth
According to first advance estimates of National Statistical Office (NSO), India’s gross domestic product (GDP) is estimated to grow 9.2% in the financial year 2021-22. What is supporting the growth? Growth in GDP is supported by an uptick in the farm sector output, mining sector output and manufacturing sector outputs. What was the scenario in ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: GDP Growth Rate • Gross Domestic Product (GDP) • National Statistical Office (NSO) • NSO Estimates on FY22 GDP Growth
Moody’s upgrades outlook on India’s sovereign rating to Stable
Rating agency Moody’s Investors Service upgraded the sovereign rating outlook of India to stable from negative. Highlights This rating was upgraded citing reduced risks from COVID-19 as well as negative feedback between real economy & financial system. Moddy’s has retained India’s rating at Baa3. It reflects the lowest investment grade rating. Moody’s further expects that ..
Month: Current Affairs - October, 2021
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Topics: GDP Growth Rate • India's Growth • Moody's • Moody's Analytics • Moody's Investors Service
ICRA revises FY22 GDP Growth Forecast to 9%
Ratings agency ICRA has revised its real GDP growth forecast for India on September 27, 2021 for Financial Year 2022 (FY22). Its GDP forecast has changed from 8.5% to 9 per cent. Highlights ICRA credited the upward revision in the GDP to the brightening prospects for second quarter of FY22 which is expected to benefit ..
Month: Current Affairs - September, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: GDP forecast • GDP Growth Rate • ICRA Limited • Kharif Crops • National Monetisation Pipeline (NMP).
UNCTAD: Indian economy to expand by 7.2% in 2021
The United Nations Conference on Trade and Development (UNCTAD) has released its Trade and Development report on September 15, 2021. Key findings of the report According to the report, India’s economic growth rate will increased to a four-year high of 7.2 per cent in 2021 as compared to a contraction of 7 per cent in ..
Month: Current Affairs - September, 2021
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: COVID-19 • GDP Growth Rate • retail inflation • UNCTAD • United Nations Conference on Trade and Development (UNCTAD)
NCAER director: India to grow by 10% during current fiscal
As per director of economic think-tank NCAER, Poonam Gupta, the Indian economy is expected to grow by 10 per cent during the financial year 2021-22. Key Points This growth will pick up because of fewer COVID-19-linked supply disruptions, increased demand of contact-intensive disruptions & traditional services and buoyancy in the global economy. However, the real ..
Month: Current Affairs - September, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: GDP Growth Rate • Gross Domestic Product (GDP) • National Council of Applied Economic Research • Poonam Gupta