India’s GDP growth rate to be 8.3 percent in 2021: World Bank
World Bank has released India’s GDP growth forecast for the year 2021. The World Bank has said that the Indian economy is expected to grow at 8.3 percent in the year 2021. Earlier, the World Bank had said that the Indian economy will grow at the rate of 10.1 percent in the financial year 2021-22. […]
India becomes the world’s sixth largest economy
According to the annual report published by the Center for Economics and Business Research (CEBR) on December 26, 2020, by the year 2025, India can become the 5th largest economy in the world. India had become the 5th largest economy in the world, surpassing the United Kingdom in 2019, but has dropped back to sixth […]
India Officially Enters Recession, GDP Contracts By 7.5 Percent In 2020-21 Q2
According to government data released on November 27, 2020, the Indian economy declined by 7.5 percent in the second quarter (July to September) of FY 2020-21. With this contraction, India has officially recorded a technical slowdown for the first time. This contraction is a rebound from the first quarter of FY 2020-21. India’s economy had […]