3 min read.Updated: 19 Sep 2017, 01:20 AM ISTLivemint
India may see a small cyclical recovery in the months ahead. However, a sustainable recovery will depend on investment activity
The recent headlines on the Indian economy have been stark. Economic growth has declined for six quarters in a row. Inflation has more than doubled in the three months since June. The current account deficit in the first quarter of the current fiscal year was at its highest level in four years as a proportion of gross domestic product (GDP). Is it time to hit the panic button?