S&P Global retains India’s 2022-23 growth at 7.3%: S&P Global Ratings has retained economic growth projection of India at 7.3% in the current fiscal. S&P has also predicted that inflation is likely to remain above the Reserve Bank of India’s upper tolerance threshold of 6% till the end of 2022. September 2022 Current Affairs Quiz Reason: The external environment […]
S&P Global retains India’s 2022-23 growth at 7.3% Read More »
ADB cuts GDP growth forecast of India for FY23 to 7%: The Asian Development Bank (ADB) has reduced the economic growth projection of India for 2022-23 to 7% from 7.2%. September 2022 Current Affairs Quiz Reason: Higher inflation and monetary tightening. The economy of India has been grew 13.5% year-on-year (Y-o-Y) in the first quarter of 2022-23, that shows
ADB cuts GDP growth forecast of India for FY23 to 7% Read More »
India Ratings Cuts FY23 GDP Growth Forecast to 6.9%: India Ratings became the latest agency to cut its FY23 gross domestic product forecast. The ratings agency cut the forecast to 6.9 per cent from 7 per cent, joining other institutions who have cut their projections to below 7 per cent since the release of the April-June quarter GDP data. September 2022
India Ratings Cuts FY23 GDP Growth Forecast to 6.9% Read More »
India’s 2022 GDP growth prediction reduced by Goldman Sachs from 7.6% to 7%: Goldman Sachs has revised lower its growth projections for India. A lower-than-expected growth during April to June increased the negative risk to current fiscal year growth predictions by 40 basis points. The current fiscal year predictions decreased by 20 basis points from 7.2%
India’s 2022 GDP growth prediction reduced by Goldman Sachs from 7.6% to 7% Read More »
Morgan Stanley has reduced its FY23 real GDP expansion estimate for India by 0.40% to 7.2% on slower global growth. It has also estimated that the GDP growth for the FY24 will slow down to 6.4%, this is lower by 0.30% as compared to the earlier estimate. The RBI has estimated that the GDP of India will stand at 7.2% for FY 23.
Morgan Stanley cuts India’s FY24 GDP growth to 6.4% Read More »
The Reserve Bank of India conducted its first Monetary Policy Committee (MPC) meeting for 2022-23 between April 6- 8, 2022. On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (April 8, 2022) decided to: keep the policy repo rate under the liquidity adjustment facility
RBI keeps Repo Rate unchanged at 4.0 percent; GDP growth for 2022-23- 7.2 percent Read More »
Fitch Ratings on Tuesday downgraded its growth forecast for India by 180 basis points to 8.5 per cent for 2022-23, citing sharply higher energy prices. The extent of the downward revision in growth forecast for India is second only to Germany among major economies. Earlier this rate was estimated at 10.3%. The Rating agency Fitch has revised upwards the GDP
Fitch Ratings lowers India’s FY23 growth forecast to 8.5% Read More »
Rating agency Moody’s has revised downwards the economic growth forecast of India by 40 basis points to 9.1 % in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy. Earlier in February 2022, Moody’s estimated India’s GDP in CY2022 to 9.5 %. Moody’s has projected India’s GDP
Moody’s lowers India’s GDP forecast for CY22 to 9.1% amid Russia-Ukraine conflict Read More »
India Ratings & Research (India Ratings) has revised downwards the GDP growth forecast of the country for 2021-22 (FY22) to 8.6 percent. Earlier this was projected at 9.2 percent. The National Statistical Organisation (NSO), which has forecast 9.2 per cent real GDP growth for the year, will release the second advance estimate of national income.
India Ratings lowers FY22 GDP growth to 8.6 percent from 9.2 percent Read More »
Reserve Bank of India conducted the 6th and the last Monetary Policy Committee (MPC) meeting for 2021-22 between February 8-10, 2022. Reserve Bank of India has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent. The central bank had last revised the policy rate on May 22, 2020, in an off-policy cycle to perk
RBI keeps Repo Rate unchanged at 4.0 percent; GDP growth for 2022-23- 7.8 percent. Read More »
