S&P Global Ratings has released its report on emerging markets titled “Financial Conditions Reflect Optimism, Lockdown Fatigue Emerges“. In this reported, the rating agency forecasted Indian economy to shrink by 5% in fiscal year 2020-21. The report stated that the fiscal stimulus worth 1.2% of GDP is not sufficient to provide significant growth support.
Click Here To Get Test Series For SBI PO 2020
The S&P Global Ratings also expects India’s growth to rebound to 8.5% in the fiscal year 2021-22. It has also projected India’s growth to be 6.5% in the fiscal year 2022-23.
The World Health Organization (WHO) declared the Emergency of International Concern (PHEIC) for the latest…
India's upcoming teenage sensation Vaibhav Sooryavanshi has scripted a history in IPL (Indian Premier league)by…
The state of Sikkim will implement the Anand Marriage Act, 1909 from June 1, 2026.…
Respectable Deputy Chief Minister Pravati Parida has inaugurated the Nimapara Patha Utsav 2026 in the…
Respectable Chief Minister of Andhra Pradesh N Chandrababu Naidu has announced the major policy to…
Honorable President Droupadi Murmu has approved the increasing the Supreme Court's judge strength from 34…