Tag: International Monetary Fund

Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.

Growing India – the destination that continues to show growth

India today is the world’s fastest growing economy having grown by 7.3% in the year to March. The International Monetary Fund has a forecast of 7.5% growth for the current fiscal. India’s fiscal deficit is at a seven year low. Low cost of India’s major imports have been the key contributors to a better looking fiscal deficit.  The major question remains can India sustain this growth rate?

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