May 22, 2019 7:44 AM

India to grow at 7.1% in FY'20: United Nations' report

A report by the United Nations says India's economy is projected to grow at 7.1 per cent in the fiscal year 2020 on the back of strong domestic consumption and investment. The report which was released yesterday said, the Indian economy expanded by 7.2 per cent in 2018. However, it said, GDP growth is a downward revision from the 7.4 per cent estimated in January this year. The report said, strong domestic consumption and investment will continue to support growth, which is projected at...