Ind-Ra Outlook Current Affairs, GK & News

India to grow 7.2% in 2018-19 down from earlier projection of 7.4%: Ind-Ra Outlook

Rating agency India Ratings & Research (Ind-Ra) in its Mid-Year FY19 Outlook has revised down India’s growth to 7.2% from its earlier projection of 7.4% for 2018-19 (FY19). The downward revision comes as Indian economy to face headwinds from high crude oil prices, increase in minimum support prices (MSP) of kharif crops, rising trade protectionism, ..