Page 2 - India's Growth
India's companies aren't as optimistic as RBI on economic growth prospects
Companies were also less optimistic about the availability of finance for the first quarter of the fiscal year, the RBI survey showed
 "India's companies aren't as optimistic as RBI on economic growth prospects")
India growing pretty robustly, says World Bank chief Jim Yong Kim
Says Japan, Europe and the US along with India were growing, there was a levelling-out in developing countries
 "India growing pretty robustly, says World Bank chief Jim Yong Kim")
India's growth remains a "concern" due to subdued consumption: D&B
Growth revival in India remains a "concern" due to subdued consumption and investment demand even nine months after demonetisation and nearly two months post GST rollout, says a report. It also cited mounting bad loans and weak corporate balance sheets as well as farm loan waivers as compounding the problem. According to Dun and Bradstreet, distribution of monsoon remains uneven which might impact rural demand to an extent, while the transition to the Goods and Services Tax (GST) is likely to create some disruption and impact the immediate sales volume across businesses. It noted however that the implementation of GST will help businesses in the mid-term to long-term. "Nine months after demonetisation and two months of GST implementation, concerns to growth dynamics do prevail led by subdued consumption and investment demand, compounded by twin balance sheet problem and strain on state finances due to farm loan waivers," Dun & Bradstreet India Lead Economist ...
 "India's growth remains a \"concern\" due to subdued consumption: D&B")
