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...
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...
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