S&P Global Ratings has retained the Gross Domestic Product (GDP) growth forecast of India unchanged at 9.5 percent for the financial year 2021-22 (FY22) and 7.8 per cent for the year ending FY23. GDP growth projection of India was revised for FY 24 to 6 per cent from 5.7 percent estimated earlier. Rising inflation is a pressure point, unlike elsewhere in emerging Asia, but external demand continues to support growth, S&P noted.
Important takeaways for all competitive exams:
Did you know that one beautiful country in East Asia is lovingly called the “Land…
Did you know that many of the world’s languages are connected like members of one…
Did you know that hospitals and healthcare centers around the world produce tons of medical…
India remained the second-largest buyer of Russian fossil fuels in January 2026, importing energy worth…
The Jharkhand State Government on February 24, 2026, presented a ₹1.58 lakh crore Budget for…
Palamu Tiger Reserve has launched the Vanjeevi Didi Initiative (VDI) to empower rural women in…