English
Specials
    Upgrade

    Moneycontrol

    Budget 2023Budget 2023

    PARTNERS

    • Tata AIA Life Insurance
    • Hafele
    • Motilal Oswal
    • SMC Global Securities Limited
    • SBI Life
    • DSP Mutual Fund
    Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
    you are here: HomeNewsOpinion

    Are forecasters predicting a V-shaped rebound for the Indian economy?

    Standard & Poor’s sees consumption driving the recovery

    Manas Chakravarty
    June 11, 2020 / 09:23 AM IST
    Are forecasters predicting a V-shaped rebound for the Indian economy?

    Manas Chakravarty Rating agency Standard & Poor’s has kept India’s sovereign rating unchanged at the lowest investment grade, with a stable outlook. It forecasts that India’s real Gross Domestic Product will shrink 5 percent in the current fiscal year and will grow by 8.5 percent in 2021-22. Most economic forecasters predict a sharp rebound next fiscal. For instance, Moody’s, which downgraded India’s sovereign rating a few days back to the lowest investment grade with a negative outlook, had forecast GDP to...

    • PRO Panorama

      Moneycontrol Pro Panorama | Budget 2023: Bonds jump in joy, stocks sulk

      Feb 3, 2023 / 02:02 PM IST

      In today’s edition of Moneycontrol Pro Panorama: Old Pension Scheme is not a gamechanger, bitcoin makes a comeback, big firms st...

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers