S&P Global retains India’s 2022-23 growth at 7.3%: S&P Global Ratings has retained economic growth projection of India at 7.3% in the current fiscal. S&P has also predicted that inflation is likely to remain above the Reserve Bank of India's upper tolerance threshold of 6% till the end ...

ADB cuts GDP growth forecast of India for FY23 to 7%: The Asian Development Bank (ADB) has reduced the economic growth projection of India for 2022-23 to 7% from 7.2%. September 2022 Current Affairs Quiz Reason: Higher inflation and monetary tightening. The economy of India has been ...

India Ratings Cuts FY23 GDP Growth Forecast to 6.9%: India Ratings became the latest agency to cut its FY23 gross domestic product forecast. The ratings agency cut the forecast to 6.9 per cent from 7 per cent, joining other institutions who have cut their projections to below 7 per cent since the ...

India’s 2022 GDP growth prediction reduced by Goldman Sachs from 7.6% to 7%: Goldman Sachs has revised lower its growth projections for India. A lower-than-expected growth during April to June increased the negative risk to current fiscal year growth predictions by 40 basis points. The current ...

Morgan Stanley has reduced its FY23 real GDP expansion estimate for India by 0.40% to 7.2% on slower global growth. It has also estimated that the GDP growth for the FY24 will slow down to 6.4%, this is lower by 0.30% as compared to the earlier estimate. ...

The Reserve Bank of India conducted its first Monetary Policy Committee (MPC) meeting for 2022-23 between April 6- 8, 2022.  On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (April 8, 2022) ...

Fitch Ratings on Tuesday downgraded its growth forecast for India by 180 basis points to 8.5 per cent for 2022-23, citing sharply higher energy prices. The extent of the downward revision in growth forecast for India is second only to Germany among major economies. ...

Rating agency Moody’s has revised downwards the economic growth forecast of India by 40 basis points to 9.1 % in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy. Earlier in February 2022, Moody’s estimated India’s GDP in CY2022 to 9.5 %. ...

India Ratings & Research (India Ratings) has revised downwards the GDP growth forecast of the country for 2021-22 (FY22) to 8.6 percent. Earlier this was projected at 9.2 percent. The National Statistical Organisation (NSO), which has forecast 9.2 per cent real GDP ...

Reserve Bank of India conducted the 6th and the last Monetary Policy Committee (MPC) meeting for 2021-22 between February 8-10, 2022. Reserve Bank of India has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent. The central ...