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IMF recalibrating India’s growth forecast is ‘gross under estimation’: N K Singh
The International Monetary Fund (IMF) lowered India's potential growth prediction to 6% last week, citing the pandemic as the reason.
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India is expected to grow by double digits this year: Finance Minister Nirmala Sitharaman
Sitharaman said that the next year's increase would be somewhere between 8% and 9%, with a range of 7.5 to 8.5%.
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Fitch slashes India’s FY22 GDP growth forecast to 8.7%
Since March 2020, the RBI has kept the repo rate at 4%, due to its focus on supporting the economy
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Industrial production grows 29.3% in May
Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7%
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Covid-19 second wave triggers raft of growth forecast revisions: RBI annual report
The central bank, in its annual report for 2020-2021, said that previous year has left a scar on the economy
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Economic disruption gains momentum as Covid-19 cases surge: SBI Report
India has been witnessing a severe second wave with daily new cases more than 3.5 lakh for the past 9 days
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Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases
The pandemic caseload in India has been surging hitting new records everyday for the past fortnight
