Highlights GDP growth is expected to expand in double digits at 13 per cent in Q1FY23 It's due to low base in contact-intensive sectors following widening vaccination coverage: ICRA Gross value added at basic price in Q1FY23 is projected at 12.6 per cent from 3.9 per cent earlier Business news : GDP growth is expected to expand in double digits …
The rating agency believes that rising consumption will push capacity utilisation above the crucial threshold of 75% by the end of 2022 Mumbai: The country’s real gross domestic product is likely to maintain a 9 percent growth rate in fiscal 2022 and 2023, amid concerns over the Omicron variant of COVID-19, says a report. Looking ahead, we expect the economy …