The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.

Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth outlook.

Collections under the GST, which was introduced in July 2017, has remained mostly below the target.

Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.

Asian Development Bank said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

GDP growth slowed sharply to a pace of 4.5 per cent in the July-September, hit by a slump in manufacturing output.