India’s growth forecast

S&P

S&P cuts India’s Growth Forecast to 9.5% from 11% for FY 2022

S&P Global Ratings cut India’s FY22 growth forecast for the current fiscal to 9.5 per cent, from 11 per cent earlier, and warned of the risk to the outlook from further waves of COVID pandemic. The agency lowered the growth outlook due to severe second COVID-19 outbreak in April and May which led to lockdowns …

S&P cuts India’s Growth Forecast to 9.5% from 11% for FY 2022 Read More »

UN

United Nation forecast India’s GDP to grow 7.5 percent in 2021

The United Nations has raised India’s growth forecast to 7.5 percent for calendar year 2021, marking a 0.2 percent increase from its projection in January, but said the  country’s outlook for the year remains highly fragile. As per the World Economic Situation and Prospects Report  the surging Covid-19 infections and inadequate vaccination progress in many …

United Nation forecast India’s GDP to grow 7.5 percent in 2021 Read More »

Markets & Taxation Series – In Layman’s Terms

Series – 1. Introduction, Residential Status & Long Term Capital Gain Investment in stock market has increased manifold in recent times. India’s total active demat accounts stood at 56.9 million as of 30 April, up from 40.8 million at the end of 31 March 2020 and 35.9 million in 31 March 2019. A strong rally …

Markets & Taxation Series – In Layman’s Terms Read More »