BANGALORE: India's economic growth will accelerate this fiscal year but economists in a Reuters poll trimmed their forecasts, tempering their optimism that the first majority government in three decades would quickly bring in reforms and spur business investment.
While the latest consensus still suggests growth will beat the rate of less than 5% seen in the past two years, it does not reflect the stock market euphoria since Prime Minister Narendra Modi's historic election win two months ago.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!