INSUBCONTINENT EXCLUSIVE:
India's economic growth forecast for current fiscal is 8.3 per cent, said World BankThe World Bank has revised the country's growth
forecast to 8.3 per cent for the current financial year 2021-22, compared to the earlier estimate of 10.1 per cent
The World Bank stated in its latest report that the Indian economy - South Asia's largest will register the growth aided an increase in
public investment and incentives to boost manufacturing
India, the economic recovery paused and the high frequency data suggested that the recovery also declined for a brief period, according
ahead of the annual Spring meeting of the World Bank and the International Monetary Fund (IMF).The Indian economy had been slowing prior to
the economic growth decelerated to four per cent in the financial year 2019-20
The slowdown was caused by a decline in private consumption growth and subsequent shocks to the financial sector, according to World
yesterday, retained the GDP growth at 9.5 per cent for financial year 2021-22.The central bank also trimmed the inflation projection to 5.3