Economy
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