“Indian Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work,” Reuters reported last week. The Finance Minister said that gross domestic product (GDP) growth would accelerate to between 8 and 8.5 … Continue reading
India is “about to takeoff” with economic growth seen around 8 to 8.5% in the fiscal year that is about to start in April, and as aiming for double-digit economic growth now seems feasible, according to India’s Finance Minister Arun Jaitley, Reuters reports. Jaitley, presenting the Indian government’s full-year budget on Saturday in Parliament, announced a budget that … Continue reading