ü S&P projected FY 14 GDP growth at 6.4%
ü Govt Economic Survey projected 6% + growth in FY 14
ü FY 13 fiscal deficit expected to close at 5.2% , FY target set at 4.8%
ü US Federal Reserve commitment to continue QE3 stimulus
ü India continued to be Favorite destination of FII
ü Rating agency “Moody” termed Union Budget as positive & realistic . Low possibility of
Rating downgrade
ü China pledged high Govt spending (target 2013 GDP growth at 7.5%) lead to hope for faster Global recovery
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