S&P Global Ratings has revised India’s growth forecast and now expects the economy to grow 9.5 per cent in 2021-22 (FY22) and 7.0 per cent in 2022-23 (FY23). India’s external position is very strong and this is quite supportive of India’s sovereign rating despite the fact that we have had this deterioration in fiscal position concurrently. India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Did you know there is a special Olympic event where athletes don’t run on tracks…
Did you know the Olympic Games were not always about snow and ice? When the…
India’s economic outlook for 2026 has received a fresh boost from global financial experts. Goldman…
Kerala is on the verge of creating history in its judicial system. In a powerful…
India has achieved a major global recognition in sustainable agriculture by being designated the Country…
Reserve Bank of India (RBI) has approved the appointment of R Vijay Anandh as the…