American credit rating agency, Fitch has revised India’s GDP growth estimate for the fiscal 2021-22 to 12.8%, from its previous estimate of 11%, in its latest Global Economic Outlook (GEO). The improvement in GDP rate is based on factors like a stronger carryover effect, a looser fiscal stance, and better virus containment. Also, for the fiscal year 2022-23, Fitch expects GDP growth at 5.8%.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
The Securities and Exchange Board of India (SEBI) has operationalized the Past Risk and Return…
Have you wondered if there are places on Earth where it never snows? Yes, such…
The Employees Provident Fund Organization is set to launch the new digital platform called the…
The Reserve Bank of India had introduced the revised guidelines for loan restructuring for the…
The India and Sri Lanka successfully conducted the fourth edition of the bilateral diving exercise…
Today, digital payments have become a daily habit in India. From buying vegetables to paying…