Fitch Estimates Indian Economy to Grow 7.1% in 2016-17

Global rating agency Fitch stated that Indian economy will grow by 7.1% in the current fiscal, 2016-2017 before stepping up to 7.7% in the next two financial years.

The US-based agency, however, termed the 7% GDP growth for the October-December, 2016 quarter as surprising, a tad lower than 7.4% in the previous quarter. 

Source- The Indian Express

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