- Tag results for India_GDP
Fiscal situation is firmly in control, despite rising oil prices, said Narendra Modi
The BofAML report noted that while the markets have weathered demonetisation, earnings have not, especially in the consumer discretionary sector.
Vietnam, India and Bangladesh would be three of the world's fastest growing economies over this period, the report stated.
While India's government debt is largely domestically held, the debt-to-GDP ratio, at 66 percent, is high for an emerging-market economy.