NCAER pegs India’s GDP to grow at 6.2% in FY20; RBI cuts repo rate by 35 basis points

After CRISL cutting down India’s GDP growth estimate to 6.9 per cent, India’s GDP growth is likely to be 6.2 per cent during the current fiscal, down from 6.8 per cent in 2018-19, on account of flat growth in agriculture sector, economic think-tank National Council of Applied Economic Research (NCAER) said. The prospects for agricultural […]

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IMF retains India’s FY20 growth forecast at 7.5%; CRISIL predicts a modest recovery at 7.3%

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The International Monetary Fund (IMF) has retained its growth projection for Indian economy at 7.5 per cent for 2019-20 and said it is likely to accelerate to 7.7 per cent in 2020-21. This comes on a day when China announced that its GDP recorded its lowest growth rate in 28 years at 6.6 per cent […]

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India’s economic growth to hit 7.6% in FY2019: ADB

India is expected to grow at a healthy 7.3 per cent in fiscal year (FY) 2018 helped by improved domestic demand, steady revival in industrial growth and reduced drag from net exports, according to a recently released Asian Development Bank (ADB) report. In an update to its flagship annual economic publication, Asian Development Outlook (ADO) […]

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World Bank report spells out the biggest hindrance to India’s sustained GDP growth

India’s hopes of achieving the figure of 7.5% GDP growth in next couple of years looks like a pipe dream, according to the World Bank predictions. On the occasion of World Water Day, the Bank has asked India to exercise caution against its “water-scarce” situation. India needs to start managing its water, if it wishes […]

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