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.
National News India Approves Anhydrous Ammonia Fertilizer to Boost Sustainable Farming India has approved the…
The Reserve Bank of India (RBI) got permission from the Indian Government to roll out…
The e-Zero FIR system has been introduced by the Gujarat Government to facilitate cyber financial…
Gujarat has secured its position as a frontrunner among India’s states with Geographical Indication (GI)…
On 29th July, 2026 International Tiger Day will be observed worldwide, to raise the global…
In July 2026, Sarnath got included in the UNESCO World Heritage List which helped Uttar…