Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd The recent uptick in most macro-indicators point to a spurt in economic expansion that may beat forecast and expectations. While IMF has revised India’s GDP growth to 6.3%, RBI is sticking to its forecast of 6.5% The Continue Reading
In the recent past, the country’s economy has witnessed several ups and downs. It seems that in this financial year the country would confront a serious financial crisis. As per the latest report, in the financial year 2017-2018, the Gross Domestic Product growth rate is expected to slow down to a four-year low of 6.5 […]Continue Reading
The Central Statistics Office (CSO) has recently released estimates that India’s GDP for the third quarter ended December 2016 recorded a growth of 7 percent, sharply beating expectations for a much lower 6.4 percent growth rate indicated in a Reuters poll held just before. The numbers were greeted with considerable skepticism by a section of […]Continue Reading