24.12.12

India GDP forecast 2013

Standard and Poor’s (S&P) has said it expects India to grow by 6.5% during 2013, amidst the possibility of global economic recovery continuing during the year. For China, S&P expects the growth rate to move back to eight per cent level in 2013, after it slipped to 7.4% in the third quarter of 2012. In a report on global credit outlook for 2013, S&P said that “the ball is in the policymakers’ court” to sustain the recovery in global economy.

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