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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