S&P ratings Current Affairs, GK & News

S&P cuts India’s GDP growth forecast to 9.8% for FY22

The US based rating Agency S and P recently cut the growth forecast of India to 9.8% for 2021-22. In March 2021, the agency expected 11% GDP growth in the country. According to the agency, the second wave might derail the recovery. According the S and P ratings, the fiscal position of the Government of ..