Stay updated with breaking news from This Fiscal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The external demand will inevitably be a drag on growth with major advanced economies are expected to slow on the sharp rise in interest rates, , rating agency, crisil, india, gross domestic product growth, gdp, This Fiscal, India's GDP growth, india's GDP, gdp growth, economic growth, economy, growth, indian economy
India's GDP is expected to expand at 7 per cent for FY2022, Asian Development Bank said New Delhi: The Indian economy is projected to grow at 11 per cent in the current financial year amid the "strong" vaccine drive, Asian Development Bank (ADB) said on Wednesday, while cautioning that the recent surge in Covid cases may put the country's economic recovery at "risk". "India's economy is expected to grow 11 per cent in fiscal year (FY) 2021, which ends on March 31, 2022, amid a strong vaccine drive," ADB said in its flagship Asian Development Outlook (ADO) 2021 released on Wednesday. However,...