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As per RBI s new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5 per cent. This is mainly because of lockdowns in various states. ....
As per RBI s new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5 per cent. This is mainly because of lockdowns in various states. ....
Budget 2021: Numbers more credible, achievable than previous years, says India Ratings At the core of the Budget is the nominal GDP growth of 14.4 per cent which looks plausible with 10 per cent real GDP growth, India Ratings Chief Economist Devendra Pant and Principal Economist Sunil Kumar Sinha said in a note PTI | February 2, 2021 | Updated 10:06 IST In 2020-21, Rs 54,522 crore of fiscal deficit was externally funded, mainly from multilateral agencies, and this is budgeted to decline to Rs 1,514 crore in FY22 India Ratings on Monday said the Budget numbers are more credible and achievable than in the past many years, and the government may even exceed the revenue targets if the current tax buoyancy level is maintained. The fiscal arithmetic in Budget 2021-22 is more convincing than earlier years. At the core of the Budget is the nominal GDP growth of 14.4 per cent which looks plausible with 10 per cent real GDP growth, India Ratings Chief Economist Devendra Pan ....
India s real GDP to expand 11% in FY22: Brickwork Ratings The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms PTI | January 13, 2021 | Updated 11:34 IST According to the first advance estimates of national income released by the National Statistical Office (NSO), the country s GDP is estimated to contract by a record 7.7 per cent during the current financial year The country s real gross domestic product (GDP) is likely to expand by 11 per cent in the next financial year due to a faster economic recovery and on a low base, says a report. The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms. ....
Icra expects the headline CPI inflation to decline to 4.6% in FY2022 from 6.4% in FY2021, while exceeding the mid-point of the Monetary Policy Committee s medium target of 4%, for the third consecutive year ....