Explanation:

• The research and rating agency CRISIL has revised its forecast downwards again and expects Indian economy to contract 5 percent in fiscal 2020-21. This was 1.8 percent in last prediction.
• This means India’s GDP growth for FY21 has been estimated to be -5%
• CRISIL is majority owned by S&P Global Inc., a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.
• CRISIL was Founded in 1987.
  Headquarter - Mumbai
  MD & CEO - Ashu Suyash
  Chairman - John L.Berisford