Wednesday, March 6, 2013

Positive factors to Indian Economy


           
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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