By Administrator_ India Capital Sands A sharper-than-expected rebound by India’s economy in the second quarter has prompted Fitch Ratings to lower its projections for GDP contraction to 9.4 per cent in the current financial year from 10.5 per cent forecast earlier. However, the agency warned against weak investment demand with Covid-19 affecting […]
GDP
Employment-creating sectors bear brunt of slowdown : Q1 GDP data
By Administrator_India Capital Sands The April-June quarter GDP data, released on Monday, showed the deepest damage in the employment-creating sectors, like construction and manufacturing. This comes at a time the Centre and the Finance Ministry are talking about green shoots in the economy. According to the data released by the […]