Ind-Ra cuts GDP growthforecast in FY20 to 6.7%

India Ratings and Research has revised its projection of the India’s GDP growth in financial year 2019-20 to 6.7%. It has reduced the GDP growth rate from 7.3% to 6.7%. It expects GDP growth to recover to 7.4% in the second half of financial year 2019-20.

Source: The Hindu

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