Tag: India Economy

Indian economy may grow 6.7%

According to Morgan Stanley, Indian economy may grow 6.7% in current fiscal. According to Chetan Ahya and Tanvee Gupta, economists at Morgan Stanley, “Higher capital flows have been the anchor of a self-fulfilling virtuous cycle of an appreciating exchange rate, lower interest rates, and strong domestic demand growth”. Further they said that however, capital inflows […]

Govt criticizes ASSOCHAM

Taking strong exception to industry chamber Assocham‘s forecast that a quarter of people in certain key sectors will lose jobs in the next ten days, government today said the economy is poised for the other way. “The Deputy Chairman of the Planning Commission and my colleague Jairam Ramesh (Minister of State for Commerce) have taken […]