GDP growth to be flat at 6.8% in FY20: Report
Mumbai, Jul 24 (DIN NEWS) The economy will not be able to achieve the official forecast of 7 percent growth in FY20, making it a second consecutive year of sub-7 percent expansion, says a report. Singaporean lender DBS estimates FY20 growth to stay at 6.8 percent, the same as FY19. The economic survey earlier this month had pegged growth to rise to 7 percent. “FY20 growth is likely to be sub-7 percent for a second straight year,” its economists led by Radhika Rao, said in a note Wednesday. The report…
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