We have launched our mobile app, get it now. Call : 9354229384, 9354252518, 9999830584.  

Poket News

Moody's ups India's growth projection for FY22 to 13.7% from 10.8% estimated earlier

Moody's ups India's growth projection for FY22 to 13.7% from 10.8% estimated earlier

  • Global rating agency Moody's upped India's growth projection for the financial year 2021-22 to 13.7% from 10.8% estimated earlier. 
  • In its 'Global Macro Outlook 2021-22, Moody's said, India's Economy has rebounded quickly from one of the world's longest and most stringent lockdowns, which also came with the steepest fall in GDP in the second quarter of 2020. 
  • For the current fiscal year, the agency expects the Indian economy to contract by 7%, lower than its previous estimate of 10.6% contraction.