Mumbai: The Organisation for Economic Cooperation and Development (OECD) expressed that the near term growth prospects for India will remain weak.
According to the Paris-based think-tank OECD, there are signs of growth stabilisation for China and a more positive outlook for the Philippines and Singapore, “while still weak growth prospects for India.”
The projection comes against the backdrop of slowing growth in India as well as rupee falling sharply amid high level of current account deficit (CAD).
According to the Paris-based think-tank OECD, there are signs of growth stabilisation for China and a more positive outlook for the Philippines and Singapore, “while still weak growth prospects for India.”
The projection comes against the backdrop of slowing growth in India as well as rupee falling sharply amid high level of current account deficit (CAD).