-
Dec 22, 2012
-
S&P expects India's economic growth at 6.5% in 2013
Global rating agency Standard and Poor's (S&P) has said it expects India to grow by 6.5 per cent during 2013, amidst the possibility of global economic recovery continuing during the year. For China, S&P expects the growth rate to move back to eight per cent level in 2013, after it slipped to 7.4 per cent in the third quarter of 2012. In a report on global credit outlook for 2013, S&P said that "the ball is in the policymakers' court" to sustain the recovery in global economy. Noting that there is "not much room for error in the global economy" in 2013, the S&P economists said it has been through a very challenging period in the recent years.
Source -
http://www.financialexpress.com
|