Comments
The Indian economy is likely to witness gradual cyclical recovery, mainly driven by consumption led demand and is likely to clock a GDP growth of 7.7 per cent in the next financial year, says a Citigroup report.
According to the global financial services major, the gradual recovery process would continue going forward with consumption edging investment (supported by the implementation of the Seventh Pay Commission).
According to data of the Central Statistics Office (CSO), the economy is expected to grow at a five-year high of 7.6 per cent in the current fiscal.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.