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Tag: India S Growth Rate

COVID-19 causes severe disruption to Indian economy, says World Bank
World Bank Cuts India's Growth Forecast For FY22 To 8.3%

The World Bank has lowered the growth projection for India for the financial year 2021-22 to 8.3 per cent. Its previous growth estimate for the fiscal was 10.1 per cent.

SBI jobs in June bank jobs
SBI Lowers India's FY22 Growth Forecast To 7.9%

As the second wave of Covid-19 and the resultant restrictions again cripple economic activities, the State Bank of India (SBI) has revised India's growth outlook downwards for the current financial year.

COVID-19 Lockdown beyond May can lower growth to zero, permanent loss of 4% in India's GDP

New Delhi: CRISIL has revised its growth outlook for India in fiscal 2021 down to 1.8 per cent from the earlier estimated 3.5 per cent, factoring the nationwide lockdown in place to flatten the Covid-19 curve. The forecast by the rating agency assumes the effect of the pandemic subsiding materially in the current quarter, besides […]

UN Projects India's Growth Rate At 5.7% For 2019-20

United Nations: The UN projects India’s economy to grow by 5.7 per cent in the current fiscal year and expects it to rise to 6.6 per cent in the next. The projection in the UN’s World Economic Situation and Prospects report released on Thursday are higher than the 5 per cent made by the World […]

World Bank
World Bank Cuts India's Growth Projection To 6 Per Cent

Washington: After a broad-based deceleration in the initial quarters of this fiscal year, India’s growth rate is projected to fall to 6 per cent, the World Bank said on Sunday. In 2018-19, the growth rate of the country stood at 6.9 per cent. However, the bank in its latest edition of the South Asia Economic […]