S&P expects India's economic growth at 6.5% in 2013

Dec 21 2012, 14:21 IST
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Global rating agency Standard and Poor's (S&P) has said it expects India to grow by 6.5 per cent during 2013. (Reuters) Global rating agency Standard and Poor's (S&P) has said it expects India to grow by 6.5 per cent during 2013. (Reuters)
SummaryS&P expects a "soft landing" in China, while its forecast for India is a 6.5 per cent growth in 2013.

under 3 per cent.

The rating agency said that many emerging Asian economies are using their growth productively to strengthen their infrastructure Ė and thereby increase long-term growth potential Ė while still maintaining manageable debt burdens.

"So we could see some upgrades in parts of the emerging world," it said, without naming the countries.

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