89% poised to invest in CX solutions in the Middle East
business8 hours ago
ndia on Friday forecast its pandemic-stricken economy would grow by 11 percent in the 2021-22 financial year after a 7.7 per cent contraction this year.
The prediction in the government’s annual economic survey backs an International Monetary Fund forecast that India will grow 11.5 per cent in the next financial year.
Officials said there would be a ‘V-shaped’ recovery after the biggest economic decline in more than four decades.
The forecast was released ahead of the announcement of the government budget on Monday.
“After experiencing a sharp contraction of 23.09 per cent in the first quarter of 2020-21, India is expected to be the fastest growing economy in the next two years,” said Krishnamurthy Subramanian, the government’s chief economic adviser.
The country of 1.3 billion people has been the world’s second worst hit country in the coronavirus pandemic, with 10.5 million infections.
But reported new cases have fallen dramatically in recent weeks and authorities hope the economy will be boosted by a major vaccination drive that started this month.
89% poised to invest in CX solutions in the Middle East
business8 hours ago
'Anytime you come to Chennai and get two points, it is a huge feeling' said skipper Sam Curran following the seven-wicket victory
sports8 hours ago
Students should consider ChatGPT as an editor or reviewer
parenting8 hours ago
Team owner Mukesh Kochhar hails 'outstanding’ ladies as he pays tribute to his tried and tested squad of players
sports8 hours ago
Authorities said the decision has been taken keeping the safety of the public in mind
uae9 hours ago
Inflation objective remains distant, US Federal Reserve says
business9 hours ago
Divided into at least three separate areas, the park will be a first-of-its-kind protected area in the emirate
uae9 hours ago
Lidia Stepanivna: She walked without food or water, and fell several times but her 'character' kept her going
europe9 hours ago