News:Moody’s Investors Service has reduced India’s economic growth forecast to 5.6% for 2019 from 5.8% projected earlier. Facts: The growth forecast has been reduced due to investment-led slowdown that has …
Read MoreNews:Fitch Ratings has reduced the growth forecast of India’s gross domestic product(GDP) forecast to 5.5% in 2019-20 from 6.6%. Facts: Fitch has said that the decrease in credit availability due …
Read MoreNews:The World Bank has reduced India’s economic growth forecast in its South Asia Economic Focus report. Facts: Key takeaways from the report: The World Bank has projected India’s gross domestic …
Read MoreNews:International rating agency Moody has announced the lowering of India’s Gross Domestic Products(GDP) growth to 5.8% from 6.2%. Facts: The reasons for lowering the growth rate are (a)investment-led slowdown (b)weak …
Read MoreNews:Asian Development Bank has released an update to its flagship Asian Development Outlook,2019. Facts: Key takeaways from the report: The report has slashed India’s growth forecast for fiscal 2019-20 to …
Read MoreAccording to FICCI report,India is projected to grow at 6.9% for the year 2019-20. They have also said that the RBI will continue its accommodative stance with a further cut …
Read MoreCredit rating agency Crisil has cut the gross domestic product(GDP) estimate for India to 6.9% from 7.1% in 2019-20. Crisil has said that revision in growth forecast was due to …
Read MoreThe International Monetary Fund(IMF) has released the World Economic Outlook report.The report has projected a slower growth rate for India in 2019 and 2020.It has projected that Indian economy will …
Read MoreUnited Nations(UN) in its World Economic Situation and Prospects (WESP) report has lowered India’s GDP growth in 2019-20 to 7.1% from its estimate of 7.5%.It was due to overall slowdown …
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