Lower pent-up consumer demand in FY22 compared to FY21: Report

With decline in number of fresh COVID-19 cases and easing of restrictions, India’s gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. “The impact of the second wave of COVID-19 and the ensuing state-wise restrictions was seen across a variety of high frequency indicators in … Continue reading Lower pent-up consumer demand in FY22 compared to FY21: Report