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THE BANYAN HR CONSULTS
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sr. Manager - Technical - Garments Industry Background
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Senior Technical Product Manager, Inventory & Order – Apla
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Senior Technical Product Manager, Finance – Apla
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Senior Technical Product Manager, Core Erp – Apla
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OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
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Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
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Service Delivery Manager, Operations Center – Tech Ops
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Director, Security Solutions & Delivery – Cis
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HR Manager - Nike India Technology Centre
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Financial Controller - India
Permanent · Bengaluru
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Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
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Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
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Service Delivery Manager, Batch & bi – Tech Ops
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Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
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Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Fibre2Fashion
Published
Nov 16, 2018
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India's growth may slow to to 7.3% in 2019

By
Fibre2Fashion
Published
Nov 16, 2018

Indian economy will expand by 7.4 percent this year, but growth will slow down to 7.3 percent next year as domestic demand shrinks on higher borrowing cost due to rising interest rates, according to Moody's Investors Service. The economy grew by 7.9 per cent in 2018 first half, reflecting post-demonetisation base effect, Moody’s said in a new report.



As borrowing costs have already increased on higher interest rates, Moody's expects the Reserve Bank of India to continue to steadily raise the benchmark rate through 2019, which will further dampen domestic demand.

These factors will limit the pace of the Indian economy's growth over the next few years, Moody's said in its ‘Global Macro Outlook 2019-20'.

The biggest downside risk to India's growth prospects is from concerns about its financial sector, a news agency reported citing the document.

Higher global oil prices compounded by sharp rupee depreciation raises the cost of households' consumption basket and will weigh on their capacity for other expenditures. Borrowing costs have already increased because of tightening monetary policy, it said.

Downside risks from a prolonged liquidity squeeze for non-bank financial institutions, which could lead to a sharper slowdown in their credit provision, remain, it added.

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