Categories: Economy

Moody’s Retains India’s GDP growth forecast to 9.6% for CY2021

Moody’s Investors Service has retained India’s growth forecast for the calendar year (CY) 2021 at 9.6 per cent, in its August update to ‘Global Macro Outlook 2021-22’ report. The GDP growth forecast for calendar year 2022 is retained at 7 percent. In India, economic activity is picking up alongside a gradual easing of restrictions that were implemented in response to the second wave. And there is further upside to growth as economies around the world progressively reopen.

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

What is the Capital of Saudi Arabia? Know Everything About It

Did you know that every country has a special city where important decisions are made…

2 hours ago

Project HANUMAN Launched to Address Growing Human Wildlife Conflict

Astep toward wildlife conservation and public safety. The Deputy CM of Andhra Pradesh Pawan Kalyan…

3 hours ago

Jio Platforms Appoints Dan Bailey as President for International Expansion

Jio Platforms Limited has appointed telecom industry veteran Dan Bailey as its new President to…

3 hours ago

Top 10 Most Popular Websites of 2026: Google & YouTube Ruled

The Top 10 most popular websites of 2026 show how the internet continues to evolve…

3 hours ago

Meet Saba Shawl: The First Kashmiri Woman to Head Central Jail Srinagar

Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar,…

4 hours ago

Debrigarh Sanctuary To Showcases Rich Wildlife in Second Indian Bison Fest

The second edition of the Indian Bison Fest will be held on March 8, 2026,…

4 hours ago