Published 2 years ago

S&P puts India's FY23 GDP growth at 7.3%, inflation at 6.8% for this fiscal

Summary by Ground News

S&P Global Ratings projects India's economic growth at 7.3% in the current fiscal. It said inflation is likely to remain above RBI's upper tolerance threshold of 6% till the end of 2022. Other agencies have cut India's GDP growth forecast amid higher inflation and rising policy interest rates.

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Times of India

S&P projects India's GDP growth at 7.3% this fiscal

"We have retained our India growth outlook at 7.3 per cent for the fiscal year 2022-2023 and 6.5 per cent for the next fiscal year, although we see the risks tilted to the downside," it said.

2 years ago·India

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News18 India

S&P Expects Indian Economy To Grow At 7.3% In Current Fiscal; Inflation Likely At 6.8%

S&P says a rebound in contact-based services, as vaccination penetration improves and people learn to live with the virus, will boost growth

2 years ago·India

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Live Mint

S&P puts India's FY23 GDP growth at 7.3%, inflation at 6.8% for this fiscal

High oil prices, a slowdown in global demand for the country's exports, and multi-year high inflation are seen as the causes of downward pressure on economic growth.

2 years ago·New Delhi, India

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Moneycontrol

S&P projects India's GDP growth at 7.3% this fiscal

In its Economic Outlook for Asia Pacific, S&P said India's growth next year will get support from domestic demand recovery after the coronavirus pandemic.

2 years ago·India

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S&P Projects India's GDP Growth At 7.3% This Fiscal

S&P Global Ratings on Monday projected India's economic growth at 7.3% in the current fiscal with downside risks and said inflation is likely to remain above RBI's upper tolerance threshold of 6% till the end of 2022.In its Economic Outlook for Asia Pacific, S&P said India's growth next year will get support from domestic demand recovery after the coronavirus pandemic."We have retained our India growth outlook at 7.3% for the fiscal year 2022-20…

2 years ago

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Times Now News

India's GDP growth projection retained at 7.3% in FY23; inflation to be above 6%: S&P Global

"We have retained our India growth outlook at 7.3 percent for the fiscal year 2022-2023 and 6.5 percent for the next fiscal year, although we see the risks tilted to the downside," the ratings agency said in a report.

2 years ago·Mumbai, India

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