Categories: Economy

Care Ratings Projects India’s GDP Forecast to 9.2% for FY22

The domestic rating agency, Care Ratings, has revised the GDP growth forecast of India for the current fiscal year 2021-2022 (FY22) to 9.2 per cent. This is lower than 10.2 per cent estimated earlier in April 2021.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

  • CARE Ratings Founded: 1993.
  • CARE Ratings: Mumbai, Maharashtra.
  • CARE Ratings Managing Director & Chief Executive Officer: Ajay Mahajan.

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which is the Only Continent with No Trees?

When we think about continents, we usually imagine green forests, tall trees and rich plant…

54 mins ago

India’s Defense Exports Hit Record ₹38,424 Crore in FY2025-26

Defense sector of the India has achieved the historic milestone as the defense exports reached…

59 mins ago

Delhi Government Launches the Lakhpati Bitiya Yojana

The Delhi state government has introduced the 'Lakhpati Bitiya Yojana'. This new is scheme aimed…

1 hour ago

Ashwini Bhide Becomes First Woman BMC Commissioner

Ashwini Bhide has been appointed as the first woman Municipal Commissioner of the Brihanmumbai Municipal…

1 hour ago

Lok Sabha Passed Resolution For Amravati The New Capital of Andhra Pradesh

Lok Sabha passed the resolution and Amaravati has been declared sole capital of Andhra Pradesh.…

2 hours ago

Costa Rica Launches Snake Identification App: A Smart Tool to Prevent Panic and Save Lives

To help people to identify the venomous snakes Costa Rica has introduced the new mobile…

2 hours ago