The Fitch Ratings expect the gross domestic product (GDP) of India to contract by 9.4 per cent in FY21 (April 2020 to March 2021). Fitch further projects the GDP to expand by 11 per cent in FY22 (April 2021 to March 2022).
Important takeaways for all competitive exams:
- Fitch Ratings Headquarters: New York, United States.
- Fitch Ratings CEO: Paul Taylor.
- Fitch Ratings Founder: John Knowles Fitch.
- Fitch Ratings Founded: 1914.