Categories: Economy

Moody’s projects India GDP at -10.6% for FY21

Moody’s Investors Service has revised India’s GDP growth forecast to -10.6 per cent for the current fiscal 2020-21 (FY21), in its November 2020 update, from its earlier estimate of -11.5 per cent in September 2020. For next fiscal 2021-22, Moody’s projected India to grow at 10.8 per cent, as against the previous estimate of 10.6 per cent.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Find More News on Economy

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

Spituk Gustor Festival Marks Spiritual New Beginning in Ladakh

The annual Spituk Gustor Festival has begun in Ladakh, bringing vibrant colours, sacred rituals, and…

17 mins ago

Which Valley is known as the Himalayan Silk Route Valley?

High in the Himalayas, there is a land that once connected faraway regions through trade…

38 mins ago

PESA Act Implemented in Jharkhand After 25 Years

After nearly 25 years of statehood, Jharkhand has finally implemented rules under the Panchayat (Extension…

1 hour ago

MSME Ministry Approves New Technology Centres in Himachal Pradesh

The Government of India has approved the establishment of two MSME Technology Centres in Himachal…

1 hour ago

Second Range wide Dolphin Survey Launched Under Project Dolphin

India has started the second range wide Dolphin Survey under Project Dolphin from Bijnor in…

2 hours ago

Museveni Secures Seventh Term in Uganda As President

Uganda has concluded a closely watched presidential election with a decisive outcome. Veteran leader Yoweri…

2 hours ago