Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
July 17, Tuesday 2018 2:58 PM       

       HEADLINES: Police to keep eye on communal organisations                                              Tharoor supports Ramayana month observation                                              Pilgrim dies as bus hits a tree                                              Tharoor calls BJP 'narrow-minded'                                              Mamata govt runs syndicate raj, says Modi; TMC hits back                                              Mother Teresa group Missionaries of Charity under investigation for baby trafficking                                              Veteran actor Rita Bhaduri passes away                                              Mayawati removes party leader                                              Trump and Putin open historic summit                                              France ends 20-year itch, lifts second FIFA World Cup                                              I feared Serena might die, says husband                                              With flags, song, pride, French celebrate unifying victory                                              Kaumudi Facebook
       BUSINESS Next Article: CCI calls for uniform threshold for merger review control  
       India's growth will accelerate to 7.3%: Fitch
 
         Posted on :19:33:32 May 12, 2018
   
A A
       Last edited on:19:33:32 May 12, 2018
         Tags: India, growth 7.3%, Fitch
 

NEW DELHI: Credit rating agency Fitch said that India's economic growth will accelerate to 7.3 per cent in the current financial year and 7.5 per cent in the next fiscal year.

In its second-quarter Sovereign Credit Overview for Asia Pacific region, Fitch said the growth rate will accelerate as money supply has recovered to its pre-demonetisation level and disruptions related to the rollout of the Goods and Services Tax (GST) have diminished.

The agency said that India's ratings balance a strong medium-term growth outlook and favourable external balances against a weak fiscal position and difficult business environment.

But the country's business environment is likely to improve gradually with the implementation and continued broadening of the government's structural-reform agenda, Fitch said.

A A
       BUSINESS
Next Article: CCI calls for uniform threshold for merger review control
 
 
BUSINESS HEADLINES
May announces new 2 bn pounds UK-Italian fighter jet project  
Infosys shares soar 6% after Q1 earnings  
Rupee slips 6 paise against US dollar  
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar  
India to be $10 trillion economy by 2030: Garg  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
India to be $10 trillion economy by 2030: Garg  
Markets slip from record to end flat on profit-booking  
Markets slip from record to end flat on profit-booking  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
Retail inflation rises to 5 percent in June  
Retail inflation soars to 5% in June, IIP presides to 3.2% in May  
Indian Army signs MoU with SBI on salary package  
US dollar ends sharply lower against rupee  
Gold, silver recover on mild demand  
BSNL starts first internet telephony service in India  
Sensex nears all-time high; TCS shines on Q1 show  
Gold futures gain 0.06% on global cues  
Goyal asks Coal India to ensure supply for power sector  
Grex Alternative Investments Market looks to raise $100 mln  
Cong targets PM over fall in value of Rupee  
Set up central agency to evaluate big loan proposals: ICAI  
Modi govt needs to shed 'obsession' with economic growth: Jean Dreze  
Sebi revamps panel on alternative investment  
Sebi exempts family trust related to Batliboi from making open offer  
 
Do you approve of Yuva Morcha men vandalising Shashi Tharoor's office?
Yes
 
No
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy