Indian economy to grow 7.9% this fiscal : Goldman Sachs

Posted on:26 Aug 2016 18:19:16

Indian economy to grow 7.9% this fiscal : Goldman Sachs
26 August 2016 Current Affairs GK: US multinational banking firm Goldman Sachs says Indian economy is likely to grow 7.9% in this year 2016-17,growth in the current fiscal driven by better monsoon, government pay hike, key reforms and FDI inflows.

The Goldman Sachs Group, Inc. is an American multinational banking firm that engages in global investment banking, investment management, securities, and other financial services, 

primarily with institutional clients. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in Lower Manhattan, New York City, with additional offices in other international financial centers.

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