Contact Your Financial Adviser Money Making MC
2
May 2017
Global
ratings agency Fitch on Tuesday affirmed India's long-term foreign and local
currency ratings at 'BBB-', the lowest investment grade, but said the outlook
is "stable".
Further,
the rating agency said it expected India's real Gross Domestic Product to grow
at 7.7 per cent during 2017-18. The
Total Investment & Insurance Solutions
"India's
positive GDP growth outlook stands out among peers," it said in a
statement.
"Fitch
forecasts India's real GDP growth to accelerate to 7.7 per cent in FY17-18,
from 7.1 per cent in FY16." The
Total Investment & Insurance Solutions
The
agency expects structural reforms to increase growth, along with higher real
disposable income. The Total Investment
& Insurance Solutions
No comments:
Post a Comment