HomeNewsEconomyBarclays cuts India’s GDP Growth Forecast to 10% in FY22

Barclays cuts India’s GDP Growth Forecast to 10% in FY22

Barclays cuts India’s GDP Growth Forecast to 10% in FY22

Barclays has downgraded India’s GDP growth estimate for 2021-22 (FY22) to 10 percent. prior to this, Barclays projected 11 percent.

  • Along with it, Barclays projected India’s economy to contract by 7.6 percent in FY21.

IHS Markit predicts the GDP Growth Rate of India at 9.6% for FY22

About Barclays –

CEO: Jes Staley
Headquarters: London, United Kingdom
Founded: 20 July 1896

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