Categories: Economy

Fitch Ratings Projects GDP of India at -9.4% in FY21

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).

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

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.

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

Cabinet Extends Jal Jeevan Mission Till 2028 – What Big Changes Are Coming in JJM 2.0?

The Union Cabinet was chaired by Prime Minister Narendra Modi has approved the extension of…

36 mins ago

Cabinet Approves Greenfield Connectivity Project to Jewar International Airport

The Cabinet Committee on Economic Affairs (CCEA) which is chaired by Prime Minister Narendra Modi.…

1 hour ago

Which Country is the Largest Producer of Corn in the World?

Did you know that corn is one of the most widely grown crops in the…

2 hours ago

Indian Cabinet Approves International Status for Madurai Airport

The Union Cabinet led by Prime Minister Narendra Modi has approved the Madurai Airport in…

2 hours ago

IndiGo CEO Pieter Elbers Resigns & Rahul Bhatia Steps In as Interim Chief

IndiGo has announced that its Chief Executive Officer Pieter Elbers has resigned with immediate effect.…

3 hours ago

Gulf of Hormuz vs Suez Canal: Key Differences in Global Energy Transport Routes

Global energy supply depends heavily on a few strategic maritime routes that allow oil and…

3 hours ago