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Economic Survey projects India’s real GDP growth at 11% in FY 2021-22 The Finance Ministry’s Economic Survey projects that India’s real gross domestic product (GDP) would record a growth of 11% in the financial year 2021-22. The nominal GDP growth has been estimated at 15.4%, implying an assumption of 4.4% inflation during the year. The […]
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Goldman Sachs raises India’s GDP forecast for 2020-21 Goldman Sachs has raised its GDP forecast for India to a 10.3% contraction, from the -14.8% it had projected in September. The global financial service provider has stated that it expects economic activity in the country to improve faster than anticipated. The firm has also stated that […]
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India’s GDP expected to contract by 9.6% in FY21: World Bank India’s economy is expected to shrink by 9.6% in the current financial year (2020-21). The report comes from the World Bank’s half-yearly South Asia Focus update. Assuming that all Covid-19 restrictions are lifted by 2022, India’s growth rate is projected to bounce back to […]

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