SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ADB retains India’s growth forecast at 7.3% for FY19

12 Dec 2018 Evaluate

Amid rebounding exports and higher industrial & agricultural output, Asian Development Bank (ADB) has retained Indian growth forecast at 7.3 percent for the current fiscal and 7.6 percent for the next financial year 2019-20.

However, ADB listed some of the downside risks to these projections such as tightness in credit flow due to stress in the non-banking financing sector, limited fiscal space for public capital expenditure and escalating trade tensions. But, it hopes that some of the risks to the economy could be offset by the recent decline in crude oil prices and competitive exports due to rupee depreciation since the beginning of this calendar.

Asian Development Bank further blamed factors like weak food prices, dampening rural consumption, higher oil prices and rising raw material costs for the slowdown in Q2 and noted that the fall in growth was a bit steeper than anticipated. Meanwhile, India saw a moderation in GDP growth to 7.1 per cent during July-September quarter from 8.2 per cent in April-June.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×