2019

Jan 23 Mumbai

Webinar: Reading the fiscal 2020 tea leaves

2

Days remaining


Summary

 

Fiscal 2019 was a year of recovery after demonetisation and the implementation of Good and Services Tax (GST). Government-led investment was the big mover behind the 7.2% GDP growth estimated, while private consumption continued to disappoint.

 

India did not escape the global tailspin in equities, and the selloff in emerging market bonds hurt the currencies of countries that run a current account deficit, including ours. The rupee slid from 65 to 74 per dollar, while the yield on the benchmark 10-year government bond was under the pump for most months. But there was good news on the inflation front as it stayed below 4% average for the second straight fiscal.

 

So what’s in store in fiscal 2020? 

 

To crystal gaze, CRISIL is holding a webinar, where the key topics of discussion will be:

 

  • Will private consumption take charge to lift growth and will the surge in investment sustain?
  • Does the monsoon this time pose a threat after a hat-trick of normal spells?
  • Given the weak global economy and tariff wars, can India lean on anything but domestic factors?
  • How will most macros – the current account deficit and rupee, 10- year bond yield and inflation take shape amid this?
  • How is monetary and fiscal policy likely to react?

The webinar will include a presentation followed by a Q&A session.

Dial-in Numbers for Audio

  • India Toll Free Number
    1800 120 1221 | 1 800 266 1221

    Local Access (Available all over India)
    +91-7045671221

    Universal Access
    +91 22 7115 8056 | +91 22 6280 1155

     

  • International Toll Free Numbers
    United States: 1 866 746 2133
    United Kingdom: 0 808 101 1573
    Singapore: 800 101 2045



 

For any assistance/ query, please call: Sayali Hulyalkar | +91 22 3342 3080 | Sayali.Hulyalkar@crisil.com