Tag: India growth

RBI leaves policy rate unchanged at 4%; projects growth of 10.5% in FY’22

The central bank has retained growth projection of 10.5 per cent for the current financial year as was estimated in its February bi-monthly policy.

April 7, 2021

Deteriorating fiscal outlook could pressurise India’s sovereign rating, says Fitch

Fitch said its assessment of India's rating in such a case would be guided by our judgement of its probable medium-term fiscal path in the post-crisis environment.

April 28, 2020

After lowering outlook, Moody’s cuts India’s growth forecast to 5.6%

We have revised down our growth forecast for India. We now forecast slower real GDP growth of 5.6 per cent in 2019, from 7.4 per cent in 2018

November 14, 2019

PM Modi meets CEOs at WEF, IMF reaffirms India’s growth story

Prime Minister Narendra Modi on Monday held a roundtable meeting with the CEOs of top global companies before his keynote address at the plenary session of the World Economic Forum (WEF) here on Tuesday morning. India also got a thumbs up from the International Monetary Fund (IMF) on Monday, which reaffirmed that India’s economy is...

January 23, 2018

‘India to remain one of the fastest growing economies’

Global credit rating agency Moody's Investors Service and its Indian affiliate ICRA Ltd on Monday said India will remain one of the fastest growing major economies globally in 2017 and the government will likely achieve its fiscal deficit target of 3.5 per cent of GDP for the current fiscal year ending March 31. In a...

January 16, 2017