Mumbai (Maharashtra) [India], August 6 (ANI): The Reserve Bank of India (RBI) on Friday retained real GDP growth at 9.5 per cent in 2021-22 as domestic economic activity is starting to recover with the ebbing of Covid-19's second wave.
Singapore, June 30 (ANI): Indian banks face systemic risk as the country sorts through the aftermath of Covid the second wave, S&P Global Ratings said on Wednesday.
Mumbai (Maharashtra) [India], June 19 (ANI): Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier.
New York [US], June 14 (ANI): India's and Brazil's first-quarter 2021 real GDP data show a strong rebound in both economies following a contraction last year of 4.4 per cent in Brazil and 7.1 per cent in India, Moody's Investors Service said on Monday.
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.
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).
Singapore, May 13 (ANI): Fitch Solutions has revised its real GDP growth forecasts for Bhutan to minus 2.4 per cent in the calendar year 2020 and 2.9 per cent in 2021 from minus 3.5 per cent and 4.7 per cent previously.
Mumbai (Maharashtra) [India], Apr 23 (ANI): India Ratings and Research (Ind-Ra) on Friday revised down FY22 real GDP growth forecast to 10.1 per cent from earlier projection of 10.4 per cent, mainly due to the second wave of Covid-19 infections and slower pace of vaccination.
Singapore, Apr 10 (ANI): Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
Singapore, March 18 (ANI): Fitch Solutions on Thursday revised its forecast for Indian rupee to average Rs 73.50 per US dollar in 2021, slightly stronger from Rs 75.50 per US dollar previously, which reflects its view for the rupee to mostly trade sideways over the course of year.
Singapore, February 2 (ANI): India's Budget for fiscal 2022 (ending March 31, 2022) represents a comprehensive effort by the Central government to shore up the country's nascent economic recovery, S&P Global Rating said on Tuesday.
New Delhi [India], Jan 13 (ANI): After a 7.8 per cent pandemic-driven contraction in the ongoing fiscal year, India's real GDP is projected to record an expansion of 10.1 per cent in FY2022, according to investment information agency ICRA.