Categories: Economy

ICRA Slashes India’s GDP Forecast by 0.5% to 10.5% in FY22

The domestic rating agency ICRA has cut the growth estimate of India for 2021-22 by 0.5 per cent on the upper end and now expects the economy to grow 10-10.5 per cent in 2021-22 as against 10-11 per cent estimated earlier. The downward revision in the forecast follows the lockdowns and restrictions which are getting imposed once again due to rising COVID-19 cases.

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

Find More News on Economy Here

Sumit Arora

Recent Posts

Ukraine Unveils AI-Powered Digital Spokesperson for Foreign Ministry

In a groundbreaking move that combines cutting-edge technology with diplomacy, Ukraine has unveiled an AI-generated…

58 mins ago

ICC Women’s T20 World Cup 2024: Bangladesh Gears Up for Cricketing Extravaganza

The International Cricket Council (ICC) has unveiled the fixtures for the highly anticipated ninth ICC…

1 hour ago

Top-10 Milk Producing States in India 2024

India has been the leading producer of milk in the world for several years now,…

1 hour ago

Which State of United States is Known as “The Last Frontier”?

When it comes to the vast and rugged landscapes of America, few states encapsulate the…

2 hours ago

India-Nigeria Local Currency Settlement System Agreement

India and Nigeria have agreed to finalize the Local Currency Settlement System Agreement to enhance…

2 hours ago

Adda247 is Hiring Current Affairs Content Writer

We're always looking for people who can bring new perspectives and life experiences to our…

3 hours ago