Search For "fy22"
Nepal economy on a gradual recovery path: Fitch
Updated : 4 years, 9 months ago IST
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
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Sensex dips 132 points as RBI cuts GDP forecast to 9.5 pc
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices closed lower on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates but cut FY22 GDP forecast to 9.5 per cent due to Covid-19 pandemic's impact on lives and businesses.
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RBI cuts FY22 GDP forecast to 9.5 pc
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday cut its forecast of real GDP growth at 9.5 per cent in the current financial year (2021-2022).
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India's economy to grow at 9.3 pc in FY22, risks persist: Moody's
Updated : 4 years, 9 months ago IST
Singapore, June 1 (ANI): India's economy will rebound in the current financial year to mark a growth of 9.3 per cent but the second Covid-19 wave has increased risks to the country's outlook with potential longer-term credit implications, Moody's Investors Service said on Tuesday.
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Steel prices improve but may face headwinds: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Domestic steel consumption is likely to be low over 1Q FY22 quarter-on-quarter due to the second Covid wave but not at the low levels witnessed over 1Q FY21 when there was a complete shutdown of activities, according to India Ratings and Research (
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ICRA pegs GST compensation of Rs 2.65 lakh crore for states
Updated : 4 years, 9 months ago IST
New Delhi [India], May 28 (ANI): Projecting the FY22 state GST (SGST) collections of all states at Rs 6.1 lakh crore, rating agency ICRA expects a large GST compensation requirement of Rs 2.65 lakh crore for the current year.
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Govt to keep impetus on infra sector for tendering in near term: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 21 (ANI): Incremental order inflows in roads, railways, irrigation, housing development projects and distribution segments will drive the demand forecast for the infrastructure sector in FY22, according to India Ratings and Research (Ind-Ra).
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Second Covid wave unlikely to severely impact textile sector: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): India Ratings and Research (Ind-Ra) has said the second Covid-19 wave may slightly impact the textile sector's supply and demand dynamics primarily in 1Q FY22.
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Indian IT services to expand strongly defying pandemic: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 12 (ANI): A robust digital-transformation order pipeline will support Indian IT services companies' stronger revenue growth in the financial year ending March 2022 (FY22), according to Fitch Ratings.
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India's GDP growth can slip to 8.2 pc in FY22: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): India's gross domestic product (GDP) growth can drop to 8.2 per cent in the current financial year (2021-22) if the second wave of coronavirus pandemic peaks by June-end, according to rating agency Crisil.
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Covid 2.0 restrictions to impact energy demand growth recovery: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 8 (ANI): The lockdowns on account of an increase in Covid-19 cases in various states can impact all-India energy demand growth recovery in 1Q FY22 although demand is expected to be higher due to lower base effect, according to India Ratings and Research (Ind
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India to see fiscal deficit slippage in FY22: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 7 (ANI): Fitch Solutions on Friday revised its forecast for India's deficit to 8.3 per cent of GDP in FY22 (April 2021 to March 2022) from 8 per cent previously.
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