New York [USA], Nov 14 (ANI): India's economic slowdown is lasting longer than previously expected, Moody's Investors Service said on Thursday while pegging its forecast for the gross domestic product (GDP) growth at 5.6 per cent in 2019 calendar year.
New Delhi [India], Sep 28 (ANI): ICRA Ratings has said that the recent corporate tax rate cut announcement by the central government with the intention of pump-priming economic growth, attract more investments and ultimately spur consumption augurs well for the industry.
Mumbai (Maharashtra) [India], June 5 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-