Economy and Business

Fitch raises India's FY19 GDP growth forecast to 7.8%

US multinational Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal to 7.8 per cent, up from their earlier estimate of 7.4 per cent, indicating, however, that tightening of financial conditions, global oil prices and accumulated bad loans of banks continued as headwinds to the country's growth.

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India-Australia free trade agreement soon?

 

The long-pending free trade agreement with Australia is expected to be cleared with Indian Commerce and Industry Minister Suresh Prabhu's visit to the country on June 26. The two coutries are also expected to discuss ways to promote investments.

India's agriculture crisis: Can Modi government address stagnating farm incomes?

India may be the world’s fastest growing large economy but the growth process has not been inclusive enough to lift the incomes of its 119-odd million farmers.

How to fix the Economy

Pakistan has become a nation of traders, happy to import goods and export jobs, notwithstanding a growing youth cohort seeking employment.

FY18 current account deficit widens as trade deficit rises

India's current account deficit (CAD) for 2017-18 widened on the back of a higher trade deficit, Reserve Bank of India's (RBI) data showed on Wednesday.

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For creating an ecologically-friendly environment in Pakistan

  Unchecked urbanisation, overpopulation, tap water mixed with sewage water, raw industrial domestic effluents going straight into River Ravi without any cleansing process. Depleting ground water without adequate recharge of ground aquifers.

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Fitch raises India's FY19 GDP growth forecast to 7.8%

US multinational Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal to 7.8 per cent, up from their earlier estimate of 7.4 per cent, indicating, however, that ...

Read more...
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