GDP Growth Rate
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 ..
Month: Current Affairs - July, 2022
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 ..
Category: Economy & Banking Current Affairs - 2023
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 ..
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 ..
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 ..
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 ..