GDP To Be A Tad Higher To 7.5% In FY20: India Ratings

India Ratings and Research (Ind-Ra), a Fitch Group Company, estimated India’s GDP growth could touch 7.5 % in the financial year 2019-20 as against 7.2 % during current fiscal i.e. 2018-19.

India Ratings believes investments are slowly but steadily gaining traction with gross fixed capital formation growing 12.2 % in FY19 and projected to clock 10.3 % in FY20.

Source: The Hindu Business Line

Static/Current Takeaways Important For IBPS Clerk Mains Exam:

  • Fitch Rating company Headquarter: New York, Founder: John Knowles Fitch.

Find More Economy News Here

Read This News in Hindi

Leave a comment

Your email address will not be published. Required fields are marked *