Categories: Economy

Goldman Sachs Downgrade India’s GDP Growth Forecast to 10.5% for FY22

Wall Street brokerage, Goldman Sachs revised downward the GDP growth forecast of India for the fiscal year 2021-22 (FY22) to 10.5 per cent from the earlier estimate of 10.9 per cent. The downward revision is due to the increasing number of pandemic cases and a host of key states announcing stricter lockdowns, thus affecting economic activities.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Island is known as the Island of Enchantment? Check Here

The island which is known as the Island of Enchantment is Puerto Rico. This beautiful…

2 hours ago

Symbiosis University Launches Asia’s First UNESCO Chair on Gender Inclusion and Skill Development

Symbiosis Skills and Professional University has launched the Asia's first UNESCO Chair on the Gender…

4 hours ago

Who was the First Chief Minister of Uttarakhand?

Uttarakhand is a state in India located in the lower region of the Himalayas. It…

5 hours ago

Which Indian City is Known as “City of Destiny”?

India boasts a myriad of cities, each with its own unique identity. Some are known…

5 hours ago

Sur Jyotsna National Music Awards 2026 Honour Sumitra Guha, Laxman Krishnarao Pandit

The Sur Jyotsna National Music Awards was held in the National capital in New Delhi.…

5 hours ago

IRCTC Launches 14-Day Bharat–Bhutan Mystic Mountain Tour from New Delhi

Indian Railway Catering and Tourism Corporation (IRCTC) has launched the 'Bharat-Bhutan Mystic Mountain Tour'. This…

6 hours ago