Jul-Sep GDP at 6.3%: Recovery vindicates govt but more reforms need of the hour to further boost growth
Agriculture is a source of worry – growth has been slipping after Q3 of FY17. Rains this year have been poor and things could be a bit iffy going forward because of a warmer winter.
Arun Jaitley on Moody's India rating upgrade took a dig at detractors Narendra Modi government saying they should introspect
The decision to upgrade the ratings is underpinned by Moody's expectation that continued progress on economic and institutional reforms will, over time, enhance India's high growth potential
For now, the Moody’s rating upgrade is big boost for India. The Modi government deserves credit for the reform work it has done, particularly the launch of the GST and reforms in archaic bankruptcy laws.