India Ratings projects economy to grow at 7.6% in FY23

Daily Current Affairs / India Ratings projects economy to grow at 7.6% in FY23

Change Language English Hindi

Category : Business and economics Published on: January 22 2022

Share on facebook

India Ratings and Research projects the country's economy is likely to grow at 7.6 percent year-on-year in 2022-23.
The agency also concludes that the Indian economy will show a meaningful expansion, as the real GDP in 2022-23 is expected to be 9.1 percent higher than that in 2019-20 (pre-COVID level).
However, the size of the Indian economy in FY23 will be 10.2 percent lower than the FY23 GDP trend value.
Earlier this month, the National Statistical Office (NSO) in its first advance estimate said gross domestic product (GDP) is expected to grow at 9.2 percent in 2021-22.

IIT Guwahati developed a predictive framework to identify potential glacial lake formation zones in the Eastern Himalayas, mapping 492 high-risk locations to reduce GLOF risks.
Read More....
AIIA signed an MoU with CAYEIT to promote digital health, AI-based research, and technology-driven education in Ayurveda at national and global levels.
Read More....
AYUSHEXCIL and Zepto will collaborate to promote authentic AYUSH products through a dedicated digital platform under Digital India initiatives.
Read More....
India Post partnered with Stock Holding Services Limited to provide capital market services like demat accounts and mutual funds through post offices.
Read More....
Union Minister H.D. Kumaraswamy inaugurated SIAT 2026 in Pune, focusing on safe, sustainable mobility and India’s EV and net-zero goals.
Read More....
International Data Privacy Day is observed on 28 January to promote protection of personal data and secure digital governance.
Read More....
India and Canada strengthened energy cooperation at India Energy Week 2026 and relaunched the Ministerial Energy Dialogue.
Read More....
The India–EU FTA will boost India’s pharma and medical devices sector by providing access to the $572.3 billion EU market.
Read More....
Elon Musk topped the world’s richest list in January 2026 with a net worth of $713.1 billion.
Read More....
Gujarat approved ₹1,250 crore under the Namo Laxmi Scheme to support education of girls from Classes 9 to 12.
Read More....

India Ratings projects economy to grow at 7.6% in FY23