Current state of the economy : Moderate recovery in FY 2015 and beyond After achieving strong growth of over 9 per cent for three successive years between 2005-06 and 2007-08 and recovering swiftly from the global financial crisis of 2008-09, the Indian economy went through lacklustre times that culminated in lower than 5 per cent […]
FY 2019 : Economic and Automotive Performance
India continues to remain the fastest growing major economy in the world in 2018-19, despite a moderation in its GDP growth from 7.2% in 2017-18 to 6.8% in 2018-19. On the other hand, the world output growth declined from 3.8% in 2017 to 3.6% in 2018. The slowdown in the world economy and Emerging Market […]