Barclays raises India’s FY22 GDP growth forecast to 8.5%
NEW DELHI :British multinational investment bank and financial services company Barclays on Thursday revised India’s GDP forecast for FY22 to 8.5 per cent from 7 per cent earlier as the economy is seeing faster return to normalcy with recovery in both consumption and investment following government’s fiscal and monetary stimulus measures. Barclays said that flattening […]
RBI lowers GDP growth forecast to 7.2 per cent for 2019-20
NEW DELHI: The Reserve Bank of India (RBI)on Thursday lowered the GDP growth forecast for the current fiscal to 7.2 per cent from the earlier estimate of 7.4 per cent amid probability of El Nino effects on monsoon rains and uncertain global economic outlook. In its February monetary policy statement, the central bank had projected […]