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2019-08-03

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Indian Economy
www.economictimes.indiatimes.com

Crisil has lowered its gross domestic product (GDP) forecast for this fiscal to 6.9%, 20 basis points lower than its earlier projection. This is marginally higher than the 6.8% GDP growth last fiscal, but lower than the 14-year average of 7%. Credit rating agency Crisil, in its report released on Thursday, listed out some of the reasons for the slowdown.

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ICRA, too, has flagged concerns

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Crisil has lowered its gross domestic product (GDP) forecast for this fiscal to 6.9%, 20 basis points lower than its earlier projection. This is marginally higher than the 6.8% GDP growth last fiscal, but lower than the 14-year average of 7%. Credit rating agency Crisil, in its report released on Thursday, listed out some of the reasons for the slowdown.

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ICRA, too, has flagged concerns

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