Wednesday, April 30, 2025 | 12:36 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

India forecasts 2017/18 growth at 6.5 percent

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - The Indian government on Friday said it expects economic growth to slow down to 6.5 percent in the fiscal year ending in March from 7.1 percent a year earlier.

Most private economists have pared India's growth forecast to 6.2 to 6.5 percent for the 2017/18 fiscal year, citing the impact of the chaotic launch of Goods and Services Tax in July on business activities.

(Reporting by Manoj Kumar; Editing by Malini Menon)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 05 2018 | 5:57 PM IST

Explore News