GDP Growth Forecast

RBI Slashes GDP Growth Projection Again, Goes From 7.8 To 7.2 Percent!

During today’s press conference after the Monetary Policy Committee meeting, RBI governor Shaktikanta Das once again lowered the projected growth rate for the financial year…

Budget 2022 Countdown: Economic Survey 2021 Way Off GDP Numbers

India’s Union Budget will be presented on February 1 and before that the Finance Ministry will present its Economic Survey to articulate the state of…

Global Rating Agencies Paint Gloomy Outlook On India

The Coronavirus pandemic has proved to be a nail in the coffin for the crisis-ridden Indian economy. Following the release of dismal GDP figures, many…

India's GDP Growth At 4.7% In FY19 Third Quarter: Govt Data

India’s Gross Domestic Product (GDP) grew 4.7% in the third quarter of FY19 (Oct-Dec), up from the revised growth rate of 4.5% — the slowest in over…

RBI Pegs FY21 GDP Growth At 6%, Keeps Repo Rate Unchanged

The Reserve Bank of India on Thursday projected the GDP growth rate for the financial year 2020-21 at 6% while retaining the estimated growth rate…

World Bank Lowers India Growth Rate Estimate To 5%

India is being delivered one jolt after another on the economic front. A fresh indication that the country’s economy is faltering has come from the…

Congress Targets Centre As GDP Growth Estimate Plummets

The condition of the country’s economy is going from bad to worse with each passing day. According to official figures released on Tuesday, the country’s…

RBI Keeps Repo Rate Unchanged At 5.15%, Slashes GDP Forecast To 5%

The Reserve Bank of India (RBI) on Thursday slashed the GDP growth forecast for Financial Year 2019-20 from 6.1% to 5%, with no change in…

Moody's Downgrades India's Outlook To Negative From Stable

The troubled Indian economy has been dealt a heavy blow. Well-known international ratings agency Moody’s has downgraded India’s rating from ‘stable’ to ‘negative’. Moody’s said…

CRISIL Cuts India’s GDP Growth Forecast To 6.3%

Credit rating agency CRISIL cuts India’s GDP growth estimate for FY19-20 for the second time in a month to 6.3% from an earlier 6.9% This…