India GDP growth in 2019-20 stood at 4% compared with the provisional estimate of 4.2%, according to the first revised estimates released by the Ministry of Statistics and Programme Implementation on Jan. 29.
India growth
India Growth to Rebound to 8% in FY19, says Goldman
Gold Silver Reports – ✅ India’s economic growth will bounce back to 8% in the next fiscal year as one-time hits due to demonetisation and goods and services tax wear off and benefits due to formalisation of the economy, strong global growth and recapitalisation of public sector banks kick in, US-based investment bank Goldman Sachs (GS) said in its year-end forecast.
Rupee Optimism Holds Despite Shock Slowdown in India Growth
Gold Silver Reports — Rupee Optimism Holds Despite Shock Slowdown in India Growth — The shock slowdown in India’s growth has economists rushing to cut their estimates for the end of the year. Their pessimism isn’t shared by currency strategists who are raising forecasts for the rupee.