ADB cuts India's growth estimate to 6.5% in '19-20 https://ift.tt/2mLM3uM - Walletnews For Me

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Wednesday, September 25, 2019

ADB cuts India's growth estimate to 6.5% in '19-20 https://ift.tt/2mLM3uM

The Asian Development Bank (ADB) on Wednesday revised its outlook for India's economy. Growth is now expected at 6.5% in fiscal 2019-20, following weaker expansion in the first quarter of the year, with slower growth in consumption and investment affecting the manufacturing and service sectors.
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