India Ratings Archives - IndoAsian Commodities

India Ratings lowers India’s FY20 GDP growth forecast to 5.6%

India Ratings and Research has revised its GDP growth forecast for FY20 to 5.6%. This is the fourth revision and has come in after the agency had revised its FY20 GDP growth forecast only a month ago to 6.1 per cent, the rating agency said in a statement. The revision, it said, became “inevitable as […]

India’s trade deficit may reach 4-year high in FY19 – report

Continuing fall in the rupee against the US dollar will push India’s trade deficit up to a four-year high of $178.1 billion or 6.4 per cent of the country’s GDP this fiscal year, India Ratings said in a report. “Trade deficit will widen to a four-year high of 6.4 per cent of GDP in FY19,” […]