#economic-forecast
India GDP forecast stays at 7%, uncertainty range remains wide: NITI Aayog’s Arvind Virmani
NITI Aayog Member Arvind Virmani has retained his India GDP growth forecast at 7% for the year, with an uncertainty range of plus or minus 1%, citing unresolved trade issues and global developments. He also backed a gradual shift towards cost-based UPI MDR af…
Moody’s rises India’s GDP forecast to 7%
Cites resilient domestic demand and strong investment, but warned that the West Asia crisis and El Niño could fuel inflation and widen the current account deficit