Signs of improvement- Moody’s rating agency retained India’s credibility on Tuesday and lowered the country’s outlook from negative to stable. To improve the outlook, he cited a reduction in the risk of a downturn in the economy and financial system. Moody’s has assigned India a “BAAA3” rating. It has a low level of investment and …
The country’s GDP- 2021-22 GDP data: GDP is estimated at 9.2% for the current fiscal year 2021-22. The Central Bureau of Statistics (CSO) released the first forecast estimate of annual GDP growth on Tuesday. In the last fiscal year 2020-21, the GDP (minus) was – 7.3%. However, the figures released by the government are lower …
The country’s GDP may remain 9.2 percent in the year Read More »
How quickly times and feelings change! For the first week of March, everything seemed to be going well and we were well on our way to achieving our best economic year with a two-digit GDP growth rate. With the second tsunami of COVID-19 coming, it all looks like a distant memory. The second wave, in …
