Tag Archives: 2016-17

Crisil Sees GDP Growing At 7.9% in 2016-17

Mumbai: The country’s GDP can grow by 7.9 per cent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said on Friday. The growth forecast, highest by any house and even above the government’s own estimate of 7-7.75 per cent, has been arrived assuming a faster growth in agriculture, ... Read More »

IMF Pegs India Economic Growth Rate at 7.5% in 2016-17

India’s economic growth rate should pick up to 7.5 per cent in fiscal year 2016-17, the International Monetary Fund said on Wednesday, aided by a collapse in oil prices and relatively low exposure to current global financial turbulence. Summing up its latest review of Asia’s third-largest economy, the IMF forecasts that economic growth would pick up from 7.3 per cent ... Read More »