Growth forecast

Asian Development Bank scales down India's economic growth forecast for this fiscal to 10 per cent

The growth forecast for India in fiscal year 2021 was revised down, as the spike in COVID-19 cases during May dented the recovery.

published on : 22nd September 2021

IMF cuts India's GDP growth forecast to 9.5 per cent for fiscal year 2021-22

For the next fiscal, however, the IMF has forecast an 8.5% growth for India, 160 basis points higher than its April forecast.

published on : 27th July 2021

S&P Global Ratings cuts India's FY 2021-22 growth forecast to 9.5 per cent

S&P said that households are running down saving buffers to support consumption and a desire to rebuild saving could hold back spending even as the economy reopens.

published on : 24th June 2021

Moody's Investors slashes India's growth forecast for 2021 to 9.6 per cent from 13.9 per cent

Moody's said that the 10 states that have been hardest hit by the second wave collectively account for more than 60 per cent of the pre-pandemic level of India's GDP.

published on : 23rd June 2021

COVID second wave triggers raft of growth forecast revisions: RBI annual report

The central bank, in its annual report for 2020-2021, further said that previous year has left a scar on the economy.

published on : 27th May 2021

IMF upgrades forecast for 2021 global growth to a record 6%

"A way out of this health and economic crisis is increasingly visible,'' IMF chief economist Gita Gopinath told reporters.

published on : 6th April 2021