Topic: Growth Forecast
World Bank: India’s FY23 GDP forecast
On June 7, 2021, the World Bank reduced its real gross domestic product (GDP) growth forecast for year 2022-23 for India from 8 per cent to 7.5 per cent in the...
India’s Economic Advisory Council’s Growth Forecast
Members of the Prime Minister’s Economic Advisory Council (EAC-PM) met on November 18 in New Delhi to assess India’s growth prospects. Highlights EAC-PM members were positive regarding real...
S&P Cuts India’s Growth Forecast to 9.5%
Global rating agency, S&P, has cut India’s growth forecast for fiscal year 2021-2022 to 9.5 per cent. Earlier, it was kept at 11 per cent. Highlights Rating agency... CRISIL cuts India’s GDP forecast to 9.5% from 11%
Ratings agency, CRISIL, has cut India’s gross domestic product (GDP) growth forecast from 11 percent to 9.5 percent for fiscal year 2021-2022. Highlights Downward forecast reflects that second...
OECD interim ‘Economic Outlook’
The Organisation for Economic Co-operation and Development (OECD) published its interim Economic Outlook on March 9, 2021. It has projected that the Indian economy will grow at the...
ADB retains India’s growth forecast at 7.3% for FY19
Asian Development Bank (ADB) in its Outlook Supplement has retained India’s growth forecast at 7.3% for current fiscal (2018-19) and 7.6% in following financial year (2019-20). It held...
IMF forecasts 7.3% GDP growth for India in 2018-19 and 7.5% in 2019-20
The International Monetary Fund (IMF) in its report has projected India’s GDP growth 7.3% in the 2018-19 fiscal and 7.5% in 2019-2020 on strengthening of investment and robust... RBI switches back to GDP model from GVA model to measure economy
The Reserve Bank of India switched back to gross domestic product (GDP) model from the gross value added (GVA) methodology to provide its estimate of economic activity in...
