 "News digest")
Demonetisation, GST effects: GDP growth seen at 4-year low of 6.5%
Economic growth in 2017-18 is estimated to slow to a four-year low of 6.5 per cent, against 7.1 per cent in 2016-17. This will be the lowest growth rate under the BJP-led National Democratic Alliance, largely because of the adverse impact of the goods and services tax (GST) and the lingering effects of demonetisation. (Full report)
RBI likely to transfer additional funds to govt this fiscal year
The Reserve Bank of India (RBI) is likely to transfer additional funds to the government this fiscal
Economic growth in 2017-18 is estimated to slow to a four-year low of 6.5 per cent, against 7.1 per cent in 2016-17. This will be the lowest growth rate under the BJP-led National Democratic Alliance, largely because of the adverse impact of the goods and services tax (GST) and the lingering effects of demonetisation. (Full report)
RBI likely to transfer additional funds to govt this fiscal year
The Reserve Bank of India (RBI) is likely to transfer additional funds to the government this fiscal
