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July 30, 2016

INDIA's GDP Growth Forecast for FY 2016-17

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    India's GDP Growth Forecast for Financial Year 2016-17

    • ICRA (Investment Information and Credit Rating Agency, HQ-Gurgaon, Delhi)— 7.7%
    • BMI(Business Monitor International, HQ-London)— 7.2%
    • Nomura(HQ-Tokyo, Japan)— 7.7% (7.8% earlier)
    • IMF(International Monetary Fund, HQ-Washington, D.C.)— 7.4% (7.5% earlier)
    • ADB(Asian Development Bank, HQ- Mandaluyong Manila, Philippines)— 7.4% (7.8% earlier)
    • RBI(Reserve Bank of India, HQ-Mumbai)
      • 7.6%  (2016-17)
      • 7.8% (2017-18)
    • WB(World Bank, HQ-Washington, D.C.)
      • (7.6% 2016-17)
      • (7.7% 2017-18)
      • (7.8% 2018-19)
    • UN(United Nation, HQ-New York, US)
      • (7.3% 2016)
      • (7.5% 2017)
    • FICCI (Federation of Indian Chambers of Commerce and Industry, HQ-New Delhi)— 7.7%
    • ASSOCHAM (Associated Chambers of Commerce and Industry of India, HQ-New Delhi)— 7.6%
    • Deutsche Bank (HQ-Frankfurt, Germany)
      • (7.5% 2016)
      • (7.8% 2017)
    • OECD (Organization for Economic Co-operation and Development, HQ-Paris, France)— 7.5%
    • Moody (HQ-New York, US)— 7.5%
    • Fitch (HQ- New York)
      • (7.5% 2016)
      • (7.7% 2017)
      • ( 7.9% 2018)
    • CRISIL (Credit Rating Information Services of India Limited, HQ-Mumbai)— 7.9%
    • CARE (Credit Analysis and Research Limited)— 7.5%-7.6%
    • HSBC (Hong Kong and Shanghai Banking Corporation, HQ-London)— 7.4%
    • NCAER (National Council of Applied Economic Research, HQ-New Delhi)— 7.7%
    • Finance Ministry of India—  8%
    • Standard Chartered (HQ-London, UK)— 7.4%
    • S&P(Standard & Poor's Financial Services LLC, HQ-New York, US)—  8%
    • CSO (Central Statistics Office, HQ-New Delhi)— 7.6%
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