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India’s GDP may fall by 3.1%, will accelerate in 2021: Moody’s

Jun 24, 2020

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by

Bureau India

in News

(Kajal Singh journalist):Moody’s had lowered India’s credit rating by a notch earlier this month to ‘BAA3’. This is the lowest rating category investable.New Delhi: Credit rating agency Moody’s Investors Service has predicted a 3.1 percent decline in the size of the Indian economy in 2020. The agency also feared a change in geographical conditions in…
India’s GDP growth in FY21 probable to be Negative: RBI Governor

May 22, 2020

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by

Bureau India

in Business News

(Pooja Pal; Intern Journalist): On May 22nd, 2020, the Reserve Bank of India (RBI) alleged that India’s GDP for FY21 is favorable to fall on the negative side of the graph as several economic activities were at a halt due to the COVID-19 pandemic. While addressing on television, RBI Governor Shaktikanta Das alleged that the…