Tag: global growth

The Indian economy is gaining strength led by private consumption and public sector capital expenditure — even as global growth is losing momentum, RBI’s state of the economy report released on Monday said.“During the rest of the current decade as well as the next, global growth is projected to be lower than in the previous two decades, especially among advanced economies. Emerging economies, on the other hand, are likely to become a key engine of the global economy,” the report said. The report is not the official view...