HomeNewsEconomyGoldman Sachs cuts India's GDP growth forecast to 11.1% in FY22

Goldman Sachs cuts India’s GDP growth forecast to 11.1% in FY22

Goldman Sachs cuts India’s GDP growth forecast to 11.1% in FY22

Goldman Sachs has downgraded India’s GDP growth rate to 11.1 percent in the fiscal year FY22 due to COVID-19’s 2nd wave and lockdowns in India.

  • Along with it, Goldman Sachs also estimated the 2021 Calendar Year growth forecast to 9.7 percent. prior to this, Goldman predicted 10.5 percent.

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

Goldman Sachs –

CEO: David M. Solomon
Headquarters: New York, United States
Founded: 1869
Founders: Marcus Goldman, Samuel Sachs

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