India Ratings and Research on Friday revised down India’s real GDP growth forecast for 2021-22 to 10.1 per cent, from the earlier projection of 10.4 per cent, citing the second wave of Covid-19 ...

...

With economic activities getting affected across the country because of curbs imposed by states amid a surge in Covid-19 cases, Care Ratings has revised down its forecast for GDP growth to 10.2 per ce...

Net direct tax collections for the fiscal ended March 2021 stood at Rs 9.45 lakh crore, exceeding the revised budget estimate of Rs 9.05 lakh crore by 5 per cent. The collections were, however, lower ...

Credit rating agencies have started handing out more credit upgrades to companies than downgrades after the third quarter ended December 31 showed a feeble 0.4 per cent growth amid early signs of stre...

...

...

The lower nominal GDP figure will mean that the fiscal deficit in 2020-21 -- which was projected at 3.5 per cent in last year’s budget -- will shoot to well over 7 per cent, according to some es...

The World Bank said it expects the global economy to expand 4 per cent in 2021, assuming an initial Covid-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be...

Fitch Ratings on Tuesday has lowered its forecast of contraction of the Indian economy for the fiscal to 9.4 per cent against 10.5 per cent contraction earlier, taking note of the sharper than expecte...