Tag: Gdp Growth

Blow To India: Moody's Cuts India's Credit Rating Outlook To Negative; Govt Rebuts

New Delhi: In a blow to India, Moody’s Investors Service has cut the country’s credit rating outlook to negative – the first step towards a downgrade, saying the government has been partly ineffective in addressing economic weakness, leading to rising risks that growth will remain lower. While foreign currency rating was retained at Baa2 – […]

  • Friday, 23 April 2021
India Ratings Expects GDP Growth Of 5.5% For FY21

New Delhi: India Ratings and Research on Wednesday said that it expects gross domestic product (GDP) to grow at 5.5 per cent in FY21. The agency’s forecast is marginal higher than the GDP growth of 5 per cent estimated by National Statistical Office for FY20. The current slowdown in economic activity, according to the agency is […]

  • Tuesday, 20 April 2021
With GDP Growth At 7-Yr Low, Finmin Sitharaman Says Slowdown Has Bottomed Out

New Delhi: The decline in the economic growth has bottomed out, said the finance ministry on Friday as the GDP growth slowed to a nearly seven-year low of 4.7 per cent in the quarter ending December 2020. The National Statistical Office (NSO) has, however, upwardly revised GDP growth estimates for the first quarter of 2019-20 […]

  • Monday, 19 April 2021