GDP Growth Rate
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 ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2023 • Reports & Indexes Current Affairs
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 ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2023
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 ..
Month: Current Affairs - October, 2021
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 ..
Month: Current Affairs - September, 2021
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 ..
Month: Current Affairs - September, 2021
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 ..