India’s GDP likely to grow at 18.5% in April-June quarter this fiscal: SBI report
India’s gross domestic product (GDP) is expected to grow at around 18.5% in the first quarter of the current financial year, SBI noted in its research report Ecowrap, lower than the RBI’s 21.4% projection. “Based on our ‘Nowcasting’ model, the forecasted GDP growth for Q1 FY22 would be around 18.5% (with upward bias),” the report … Read more