10.3% To 8.5%: Fitch downgrades India's GDP growth forecast for 2022-23
For the current fiscal, however, the agency has raised India’s growth forecast by 0.6 per cent from 8.1 per cent to 8.7 per cent
For the current fiscal, however, the agency has raised India’s growth forecast by 0.6 per cent from 8.1 per cent to 8.7 per cent
Real GDP growth is estimated to be 17.2 per cent in the first quarter of the next financial year and 7.8 per cent in the second quarter.
India's Gross domestic product, GDP, for the second quarter of the current fiscal logged fastest growth among major economies in the world.
<p>American credit rating agency Fitch has revised India’s GDP growth estimate to 12.8% for next fiscal from the previous 11% on the back of a stronger carryover effect, a looser fiscal stance, and better virus containment. The ratings agency, in its latest Global Economic Outlook GEO, anticipates the level of the country’s GDP to remain […]</p>
<p>The Organization for Economic Co-operation and Development (OECD) has raised the projection for India’s economic growth rate by 4.7 percentage points at 12.6 per cent for 2021-22. That would enable India to retain its earlier tag of the fastest growing large economy in the world. In its interim report on economic outlook, OECD said, activity […]</p>
<p>Economic Survey 2020-21 has projected GDP growth for the next financial year at 11 per cent. It has suggested that the growth recovery will be driven by government consumption. The Economic Survey 2020-21, tabled by the Finance Minister Nirmala Sitharaman in Lok Sabha today suggested that the net exports and government consumption have cushioned the […]</p>