https://www.taxtmi.com/news?id=17350 The Survey forecasts a likely return to normal economic growth as currency circulation normalises and follow-up actions to demonetisation are taken; GDP for the reviewed year is estimated at 7.1 per cent with government final consumption expenditure the main driver and a lower fixed investment ratio. CPI headline inflation remained controlled while core inflation averaged around 5 per cent. External accounts strengthened with a narrowed current account deficit financed by FDI and portfolio inflows and improved external debt indicators. Agriculture recovered on better rains; industry moderated and services remained resilient, supported by pay commission payouts. en-us Tue, 31 Jan 2017 13:26:49 +0530 Tue, 31 Jan 2017 13:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17350 The Survey forecasts a likely return to normal economic growth as currency circulation normalises and follow-up actions to demonetisation are taken; GDP for the reviewed year is estimated at 7.1 per cent with government final consumption expenditure the main driver and a lower fixed investment ratio. CPI headline inflation remained controlled while core inflation averaged around 5 per cent. External accounts strengthened with a narrowed current account deficit financed by FDI and portfolio inflows and improved external debt indicators. Agriculture recovered on better rains; industry moderated and services remained resilient, supported by pay commission payouts. News - Tue, 31 Jan 2017 13:26:49 +0530 https://www.taxtmi.com/news?id=17350