India Ratings and Research (Ind-Ra) has revised downwards the GDP growth forecast of India in FY22 (2021-22) to 10.1 per cent. Earlier Ind-Ra estimated this at 10.4 per cent. The downward revision is due to the second wave of COVID-19 infections and the slower pace of vaccination. For FY21 (2020-21), the economy is estimated to have contracted by 7.6 per cent. Ind-Ra is a wholly-owned subsidiary of the Fitch Group.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Have you ever noticed that forests have their own protectors? Nature creates a balance where…
Ever wondered why winters in India feel cool but not extremely freezing? Nature has placed…
Did you know one of the world’s most famous literary awards started with a quiet…
The National Cooperative Development Corporation (NCDC) is implementing two major initiatives—Yuva Sahakar Scheme and Swayamshakti…
The PNB LUXURA Metal Credit Card is a premium credit card launched by Punjab National…
The Karnataka government has announced the rollout of an automatic property mutation system, a major…