Modi win unlikely to boost grwoth, says Moody

February 26, 2014 15:49

Though downside risks to the economy have receded in recent months, it is likely that the growth engine will continue to sputter until 2015 even if "business-friendly" Narendra Modi becomes prime minister, says a report by rating agency Moody's analytical arm.

"The May elections offer the chance for better governance, especially if the business-friendly Narendra Modi becomes prime minister, but it will be a long road for the economy...as there is little on the horizon to lift the economy in 2014," Moody's Analytics said in a report titled, 'India Underwhelms.'

« Back to LIVE

TOP STORIES

29 Maoists killed in major encounter in Chhattisgarh; 3 jawans hurt

Three security personnel suffered injuries in the fierce gun-battle and a large quantity of weapons was also recovered from the spot, the state police said.

Vadakara: The Most Important Contest In Kerala

Shailaja Teacher, arguably the most famous Covid warrior in India, versus former student leader Shafi Parambil who defeated 'Metro Man' E Sreedharan in the last assembly election. Shyam G Menon reports from the Vadakara Lok Sabha...

Your safety is govt's responsibility, Maharashtra CM tells Salman Khan

Maharashtra Chief Minister Eknath Shinde on Tuesday visited actor Salman Khan's residence in Bandra in Mumbai's western suburbs and assured him of protection after two persons were arrested in connection with firing at his house.

How Mumbai police traced and arrested 2 Salman house shooters

A senior Gujarat police officer has said that Gupta and Pal were hired by the gang of incarcerated gangster Lawrence Bishnoi to open fire at Khan's house.

Duo fired outside Salman's house to kill him: Police

The Mumbai police's crime branch on Tuesday submitted to a local court that the two arrested accused opened fire outside Bollywood superstar Salman Khan's house 'in an attempt to kill him'.