India was forecast to grow at 6.7 per cent in 2022 and this projection has been downgraded to 4.6 per cent by UNCTAD
In November last year, Moody's had forecast India's economy to expand 7.9 per cent in the 2022-23 fiscal beginning April 1. As per official estimates, the Indian economy is estimated to grow at 9.2 per cent in the current...
The second advance estimates of national income 2021-22 pegs GDP growth for the year at 8.9 per cent as compared to a contraction of 6.6 per cent in 2020-21.
The economy had a relatively stable Q3 with several sectors returning to the pre-pandemic level of activity, with services playing a bigger role in activity, the report said
The economy had grown by 20.3 per cent in the first quarter of this fiscal due to lower base effect. In the second quarter, the GDP grew by 8.5 per cent.