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Indian economy to grow at 7.2% in 2016-17: BMI Research

Indian economy to grow at 7.2% in 2016-17: BMI Research

The Indian economy is expected to grow at 7.2 per cent in 2016-17, a tad lower than Central Statistics Office's advance estimates of 7.6 per cent in the current fiscal due to weak investments and external headwinds, says BMI Research.

RBI lowers GDP growth forecast to 7.6% for FY16

The Reserve Bank on Tuesday lowered the economic growth forecast for the current fiscal to 7.6 percent from 7.8 percent projected in April, citing various risks, including poor monsoon and rising crude oil prices.

Morgan Stanley raises India's GDP forecast to 5.4% for FY13

Morgan Stanley raised India's FY13 GDP growth forecast from 5.1 percent to 5.4 percent on Monday.

ICRA lowers GDP growth forecast by to 5.4%

Citing absence of pick-up in private investments, credit rating agency Icra Tuesday revised downwards its forecast for the country's GDP growth to 5.4 percent in the current fiscal, from 5.7 percent projected earlier.

Crisil revises GDP growth projection down to 7% for 2011-12

Ratings agency Crisil Thursday lowered its growth forecast for the Indian economy in 2011-12 to 7 percent, from the earlier estimate of 7.6 percent, due to global slowdown and weak domestic investment climate.