Moody’s has revised India’s economic growth estimates in the Current Year 2022 upwards to 9.5 per cent from 7 per cent on stronger than expected recovery after a lockdown in 2020 and Covid-19’s Delta wave in 2021. It maintained a forecast for 5.5 per cent growth in CY2023. In its update on Global Macro Outlook 2022-23 today, Moody’s said sales tax collection, retail activity and Purchasing Managers Index suggest solid momentum. However, high oil prices and supply distortions remain a drag on growth for India.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
There is a country in Europe that is world-famous for its beautiful and colorful flowers.…
Uttar Pradesh is a state known for its rich culture, traditions and unique cities. Many…
Veteran BJP leader and former Union Minister Dr. Debendra Pradhan passed away on Monday in…
There is a city in the United States that is known for its fast growth,…
In a significant step towards strengthening healthcare infrastructure, the Delhi government will sign a Memorandum…
In a significant step toward strengthening India's air defence capabilities, Bharat Electronics Limited (BEL) has…