Categories: Economy

S&P Global Ratings Projects India’s GDP for FY22 at 9.50%

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

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

World Liver Day 2026: Why Liver Health Matters and How to Keep It Strong

On every year 19th April the world observes the World Liver Day to highlight the…

16 hours ago

Weekly Current Affairs One Liners (13th to19th of April 2026)

Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…

17 hours ago

Which Language is known as the Language of Music?

There are more than 7,000 languages spoken across the world, and each one has its…

1 day ago

Mumbai Hosts Miss Sake India 2026: Nishita Antarkar Wins Prestigious Title

Miss Sake India 2026 title was awarded to the Nishita Yogesh Antarkar at a prestigious…

1 day ago

Philippines Joins US-Led Pax Silica Initiative to Boost Semiconductor Supply Chains

Philippines has joined the US-led Pax Silica initiative. This initiative aims to strengthening the global…

1 day ago

AICTE-VAANI 3.0 Scheme Launched to Strengthen Use of Indian Languages in Higher Education

All India Council for Technical Education has launched the 3rd edition of the flagship AICTE-VAANI…

1 day ago