Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Tomas who wrote (75968)	10/11/2000 8:32:38 AM
From: Tomas	Read Replies (1) of 95453

India revises growth forecast downwards India's central bank has revised downwards its economic growth forecast for this year in line with a similar downgrading by Yashwant Sinha, finance minister. The Reserve Bank of India said real growth would slow to 6-6.5 per cent, compared with an earlier forecast of 6.5-7 per cent. Real GDP growth in the first quarter of the current financial year was 5.8 per cent, compared with 6.9 per cent in the same quarter last year. Financial Times, October 11

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