Fitch Ratings has slashed India’s GDP growth forecast for the fiscal FY 2022-2023 to 8.5 per cent in its Global economic Outlook-March 2022. Earlier this rate was estimated at 10.3%. The downwards projection is due to sharply higher energy prices because of the ongoing Russia-Ukraine war. The Rating agency Fitch has revised upwards the GDP growth forecast for the current fiscal FY 2021-2022, by 0.6 percentage points to 8.7 percent.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year.
According to NPCI, BHIM Services Limited (NBSL) app has processed the around 44 million transactions…
As the cybercriminals are increasingly adopting the sophisticated methods to target the businesses and it…
According to the latest Hurun India 500 Report 2026, India's corporate landscapes continues to be…
India has extended the its support to the Venezuela after the series of the powerful…
The Reserve Bank of India (RBI) has introduced the scale-based regulation framework for the Non-Banking…
The Bears are among the most fascinating mammals on the Planet Earth. From the icy…