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 India is one of the most linguistically diverse countries in the…
Recently unveiled The top 10 youngest billionaires 2026 list highlights the new generation of wealth…
The number of self-made women billionaires worldwide has reached a record 150 in 2026. This…
India and Vietnam have strengthened the cooperation in tribal and ethnic development. This coming after…
Did you know that salt is one of the most essential minerals used by humans…
The World Anti-Doping Agency (WADA) has postponed its decision on to a proposed rule that…