19.02.2016 - India's GDP to grow at 7.5% in 2016, 2017: Moody's
Indian economy will grow at 7.5% in 2016 and 2017 as it is relatively less exposed to external headwinds, like China slowdown, and will benefit from lower commodity prices, Moody's Investors Service said. The firm, however, warned that the generally robust economic environment is constrained by "banks' balance sheet repair and elevated corporate debt" and corporate pricing power being limited by the impact on food price inflation and households budgets of two consecutive droughts...............................................Full Article: Source
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