Tag: India GDP forecast

World Bank cuts India’s GDP growth to 6.5%

Citing the deteriorating global scenario, the World Bank on Thursday downgraded India's GDP forecast for the current fiscal to 6.5 per cent.

October 6, 2022

ADB cuts India’s GDP growth forecast to 7% on higher inflation and monetary tightening

 The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.

September 21, 2022

Fitch revises India GDP forecast, sees contraction at 9.4 pc

The failure of another bank in recent weeks the third failure in the past 16 months underlines the challenges in the financial sector.

December 8, 2020