Categories: Economy

S&P raises India’s FY22 GDP growth forecast to 11% from 10%

S&P Global Ratings raised India’s growth forecast for the financial year 2021-22 to 11% from 10% earlier, led by an expansionary fiscal policy aimed at boosting domestic private spending. It has also raised the 2021 growth forecast for China to 8% from 7% on stronger-than-expected exports and lingering momentum in the property market.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

  • S&P Global Ratings Headquarters: New York, United States.
  • President of S&P Global Ratings: John Berisford.

Find More News on Economy Here

Sumit Arora

Recent Posts

Nicknames of States of United States

From the sprawling plains of the Midwest to the sun-kissed shores of the Pacific, the…

5 hours ago

Veteran Politician and Former Union Minister V. Srinivas Prasad Passes Away at 76

The Indian political landscape has lost a seasoned leader with the passing of V. Srinivas…

6 hours ago

India to Host 2025 BWF World Junior Badminton Championships in Guwahati

The Badminton World Federation (BWF) has announced that India will host the prestigious 2025 BWF…

6 hours ago

Top-10 Most Liberal Cities in United States 2024

In the mosaic of American cities, certain urban centers stand out as bastions of liberal…

7 hours ago

ICICI Bank Joins India’s Top 5 Companies with Market Cap Surpassing Rs 8 Trillion

In a remarkable achievement, ICICI Bank has etched its name among India's top five companies…

7 hours ago

RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know

The Government of India has introduced a Floating Rate Bond (FRB) maturing in 2034, with…

8 hours ago