Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

FY18 to clock 6.5% growth at most, says SBI research

BS Reporter/ 13 Sep 17 | 11:27 PM

A worker cuts a metal pipe inside a steel furniture production factory in Ahmedabad

The research team of State Bank of India (SBI) has pegged economic growth at 6.5 per cent for 2017-18 with a downward bias. After growth fell to a three-year low of 5.7 per cent in the first quarter of 2017-18, the second quarter would also not give a good news for the Modi government in terms of economic growth, the research team said. "Q2 growth numbers are likely to be muted, almost like the Q1 numbers (below 6 per cent), and the reasons are many," SBI Group Chief Economist Soumya Kanti Ghosh said.

Related Stories

    No Related Stories Found
Widgets Magazine


Widgets Magazine

Sensex

Company Price Gain (%)
Tata Steel677.806.26
Sun Pharma.Inds.570.205.17
Yes Bank323.602.28
Dr Reddy's Labs2,169.252.26
Bharti Airtel425.452.26

Poll

Will Arun Jaitey recast tax slabs for individuals in Budget 2018?



Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine