
During the current fiscal, the economy is estimated to grow at a rate of 7.3%, making it a consecutive third time the country has recorded GDP growth

All the global rating agency majors are revising the growth prospects downwards while holding out the hope of a recovery in the later part of the year

With the unprecedented surge in cases and evolving restrictions, the pace of GDP growth in the ongoing quarter may be tempered to 20-25%, ICRA said