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India's GDP Updated

India's GDP Updated

* India’s GDP growth contract by 23.9% in April-June quarter: MOSPI

MOSPI-Ministry of Statistics and Programme Implementation
Founded: 15 October 1999
Headquarters: New Delhi
Jurisdiction: India


* India’s Real GDP likely to Contract by 10.9% in FY21: SBI Ecowrap Report


* India’s Real GDP Growth to Contract by 9% in FY21: CRISIL

CRISIL is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global
CEO: Ashu Suyash (1 Jun 2015–)
Headquarters: Mumbai
Founded: 1987

* India’s GDP to Contract by 8.0% – 8.2% in FY 21: CARE Ratings Limited

CARE Ratings Limited, formerly Credit Analysis and Research Limited, is a credit rating agency. The Company is engaged in providing financial services other than securities dealing activities. The Company's segments include Ratings and related services, and Others.
Headquarters: Mumbai, India
Founded: 1993


* Goldman Sachs : GDP to contract 14.8%

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting
CEO: David M. Solomon (Oct 2018–)
Founded: 1869, New York, New York, United States
Headquarters: New York, New York, United States
Founders: Marcus Goldman, Samuel Sachs


* Fitch Projected India’s Economy to Contract 10.5% in FY20-21 from -5%

Fitch Ratings Inc. is an American credit rating agency and is one of the "Big Three credit rating agencies", the other two being Moody's and Standard & Poor's.
Headquarters: New York, United States
CEO: Paul Taylor (2 Apr 2012–)
Founder: John Knowles Fitch
Founded: 1914,New York, United States

* India’s GDP to Contract by 11.8% in FY21; Rebound to 9.9% in FY22 : Ind-Ra

Ind-Ra is headquartered in Mumbai and has six branch offices located at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad and Kolkata.


* Moody’s Projected 11.5% Contraction in India’s Economic Growth in FY21

Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name.
CEO: Raymond W. McDaniel Jr. (Oct 2007–)
Headquarters: New York, United States
Parent organization: Moody's Corporation
Founder: John Moody
Founded: 1909, New York, United States

* S&P Projected India’s GDP to contract 9% in FY21 on rising covid-19 cases

The S&P 500, or simply the S&P, is a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices.
Foundation: March 4, 1957

* India’s GDP to Contract by 9% & Developing Asia by 0.7% amid COVID-19 : ADB

The Asian Development Bank is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines.
Headquarters: Mandaluyong, Philippines
President: Masatsugu Asakawa
Founded: 19 December 1966
Purpose: Economic development
Membership: 68 countries

* India’s GDP to Contract by 10.2% in FY20-21: OECD

The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 37 member countries, founded in 1961 to stimulate economic progress and world trade
Headquarters: Paris, France
Founded: 30 September 1961
Secretary-General: José Ángel Gurría
Deputy Secretary-General: Ludger Schuknecht; Ulrik Vestergaard Knudsen; Masamichi Kono


* India’s Nominal GDP to Grow by 19% in FY22: Finance Ministry


* India’s Economy to Contract by 5.9% and Global Economy to Contract by 4.3% in 2020: UNCTAD Report.

The United Nations Conference on Trade and Development was established in 1964 as a permanent intergovernmental body. UNCTAD is the part of the United Nations Secretariat dealing with trade, investment, and development issues
Headquarters location: Geneva, Switzerland
Head: Mukhisa Kituyi
Founder: United Nations General Assembly
Founded: 30 December 1964
Formation: 30 December 1964

About GDP- Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.


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