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 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…
The Ministry of Panchayati Raj had released the Panchayat Advancement Index (PAI) 2.0 Report on…
The Defense Research and Development Organization and the Indian Navy have successfully performed the maiden…
In the world, most countries have only one president. But there is one country that…
Honorable Prime Minister of India Shri Narendra Modi have inaugurated the ambitious Ganga Expressway in…