Thursday, October 22, 2020
Home Business India Ratings Revises 2020-21 GDP Projection To -11.8%

India Ratings Revises 2020-21 GDP Projection To -11.8%

Mumbai:

Credit rankings company India Ratings and Research on Tuesday revised the nation’s gross home product (GDP) forecast to -11.8 per cent for the monetary 12 months ending March 2021, from -5.3 per cent earlier.

The rankings company, nonetheless, mentioned it expects the nation’s GDP to rebound, and increase at 9.9 per cent year-on-year in monetary 12 months 2021-22, primarily because of the weak base of economic 12 months 2020-21.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Lockdown made life worse for 2 in 5 youngsters, NHS report says

Their largest anxieties had been about lacking faculty and household and pals contracting Covid-19.

Brazilian fooitball nice Pele turns 80, remoted at house

Brazilian soccer nice Pelé turns 80 on Friday, however the celebration should wait. The three-time World Cup...

Haas determined to drop each F1 drivers ‘two or three weeks in the past’

Steiner says that the dedication to make a change was made “two or three weeks ago” and communicated to the drivers by him...

Recent Comments