India Ratings cuts India’s growth forecast to 7-7.2 per cent

Daily Current Affairs / India Ratings cuts India’s growth forecast to 7-7.2 per cent

Change Language English Hindi

Category : Business and economics Published on: April 01 2022

Share on facebook

Rating agency India Ratings has revised India's GDP growth rate from 7.6% to 7-7.2% for the fiscal year 2022-23.
Earlier in January the ratings agency Ind-Ra had forecast this rate at 7.6 percent.
The rating agency says if the crude oil price is assumed to be elevated for three months then GDP growth could be 7.2% but if crude prices remain high for another six months, the GDP growth may come down to 7%.

R. Praggnanandhaa wins UzChess Cup Masters 2025 and becomes top-ranked Indian chess player.
Read More....
Meesho gets shareholder approval to raise ₹4,250 crore via IPO after shifting domicile to India.
Read More....
IPS officer Parag Jain appointed new RAW chief; played key role in Operation Sindoor.
Read More....
ICC updates powerplay rules for shortened T20 matches effective from July 2025.
Read More....
Power Ministry forms task force to develop 'India Energy Stack' for digital power infrastructure.
Read More....
MNRE issues revised guidelines for Biomass Programme to promote clean energy adoption.
Read More....
CBSE to hold Class 10 board exams twice a year from 2026 session; first phase mandatory, second optional.
Read More....
NATO agrees to increase defence spending target to 5% of GDP by 2035 at The Hague summit.
Read More....
India and South Africa sign agreements on submarine cooperation during defence talks.
Read More....
Odisha wins women’s title in first Hockey India Masters Cup; Tamil Nadu enters men’s final.
Read More....

India Ratings cuts India’s growth forecast to 7-7.2 per cent