FY22 growth projection

Crisil cuts FY22 growth projection to 9.5 pc on hit to private consumption, investment

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Crisil cuts FY22 growth projection to 9.5 pc on hit to private consumption, investment

Domestic credit ratings agency on Monday cut its FY22 growth estimate for India to 9.5 per cent from the earlier 11 per cent due to the hit to private consumption and investments following the second wave of COVID-19. The rating agency joins other watchers who have cut their FY22 growth projections, with some pegging it … Read more

HDFC Bank cuts FY22 growth projection to 10% from 11.5%

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HDFC Bank cuts FY22 growth projection to 10% from 11.5%

NEW DELHI: has cut India’s growth projection to 10 per cent from 11.5 per cent for the current financial year, citing the adverse effect of the second Covid-19 wave. In the worst-case scenario, growth could be further lower at 8 per cent, it said in a report. “It is possible that the infection and fatality … Read more