StanChart discounts reforms, lowers GDP forecast to 5.4%
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StanChart discounts reforms, lowers GDP forecast to 5.4%

Mumbai : India | Sep 17, 2012 at 4:23 AM PDT
Source: India Abroad
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D espite the rash of reform steps announced over the weekend, Standard Chartered India on Monday sharply lowered its GDP growth forecast to 5.4 per cent for FY'13 from 6.2 per cent earlier, citing slowing consumer demand, an anaemic industry and a weak services sector. FULL ARTICLE AT India Abroad
 
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