Can India`s GDP grow above 9%?

Considering the inflationary pressures, rate tightening is likely to persist for a few more quarters. And since rising rates are a deterrent to industrial capital expenditure, we believe that the investment cycle would take a backseat for a moment.

India will achieve 9% GDP in 18 months: FM

Pranab Mukherjee on Saturday said India would be back in the 9% growth trajectory in the next 18 months.