UPDATE 1-India predicts slower 5% growth, likely prompting budget stimulus
India on Tuesday forecast 5%
growth for the current financial year, the slowest pace in 11
years, which will likely prompt the finance minister to opt for
extra fiscal stimulus when she presents the annual budget next
month.
growth for the current financial year, the slowest pace in 11
years, which will likely prompt the finance minister to opt for
extra fiscal stimulus when she presents the annual budget next
month.
Posted by Reuters
