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Indian Economy

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ADB PROJECTS CONTRACTION OF 4% IN THE INDIAN ECONOMY IN FY21

Published On 20 Jun 2020 08:49 AM


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Highlights

• As per the report made by ADB, though the petrol prices declined in May, the food inflation went up by 7.4 percent YoY 

• ADB states that Indian economy will jump 5 percent in FY22

• On Friday, Fitch revised its outlook on IDR to negative from stable

The Asian Development Bank (ADB) in its report has stated that the Indian economy may contract by 4 percent in FY21 and the....


Tags : Indian Economy, Asian Development Bank, ADB, Fitch, Crisil, Goldman Sachs,
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