ICRA, CARE raise growth forecast on decent Q1

ICRA has revised its projection of the real GDP growth in 2021-22 to 9% from 8.5% while Care has raised its forecast to 9-9.2% from 8.8-9% earlier. Economists at the two agencies said the GDP outcome has been better than expected in the first quarter and prospects for the second half of the year are brightening.

from Economy-News-Economic Times https://ift.tt/3ifznWO