World Economy

India Stable

India StableIndia Stable

India’s economic growth is firming up and prospects are looking better in most of the other major economies, OECD reportedly said.It has projected stable growth momentum for most major economies, IITF reported. Report said that India’s CLI (Composite leading indicator) inched up for the sixth straight month to 99.5 in January, compared with 99.3 in the previous month. CLIs point to positive change in growth momentum in the euro area, and stable growth momentum in most other major economies and the OECD area as a whole. OECD said the stable growth momentum is anticipated amongst most other major economies, including the US, the UK, Canada, Japan, China and Brazil.