Care Ratings has forecasted Indian economy to contract by 6.4% for the financial year 2020-21. The rating agency has slashed the GDP growth rate of Indian economy citing continued restrictions in the economic activities due to the lockdown on account of the COVID-19 pandemic. It also expects that the positive growth will come from only agriculture and the government sector.
- Gol extends tenure of Sukhbir Singh Sandhu as NHAI Chairman
- ADB becomes “Observer” for Network for Greening the Financial System