Categories: Economy

Moody’s Projects India’s GDP Forecast for FY22 to 9.3%

The rating agency Moody’s has cut the gross domestic product (GDP) forecast of India for FY22 (01 April 2021-31 March 2022) to 9.3 per cent. Earlier this rate was projected at 13.7 per cent.  The downward revision in GDP estimates is due to the second wave of Covid infections across the country, which have triggered localised lockdowns and mobility curbs.

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

Legendary Bengali Author Shankar Passes Away at 92, Leaves Behind Timeless Literary Legacy

Renowned Bengali author Mani Shankar Mukhopadhyay, popularly known as Shankar, passed away at the age…

4 hours ago

List of Dadasaheb Phalke Award Winners from 1969 to 2026, Check the Complete List

Did you know India’s film industry has a special award that honors legends for their…

6 hours ago

Which Dance Form is known as the Ballad of the East? Check Here

Did you know that one classical dance form from India is lovingly called the “Ballad…

7 hours ago

Arunachal Pradesh Foundation Day 2026: Pride, Culture, and Progress

Arunachal Pradesh Foundation Day 2026 will be celebrated on 20 February to mark the formation…

7 hours ago

Harmanpreet Kaur Creates History: Becomes Most-Capped Player in Women’s Cricket

On 20 February 2026, India captain Harmanpreet Kaur created history by becoming the most-capped player…

8 hours ago

2026 Business Milestone: Amazon Dethrones Walmart in Revenue Race

In a landmark corporate milestone, Amazon has officially surpassed Walmart to become the world’s largest…

8 hours ago