Top headlines: FM sees near zero GDP growth in FY21, Pompeo backs India

India's economy is on the mend but GDP growth may be in negative zone or near zero this fiscal, says the Finance Minister.

US Secretary of State Michael Pompeo pushed for closer ties with India to confront China’s “threats” to security in the region. India’s economy is on the mend but GDP growth may be in negative zone or near zero this fiscal, said Finance Minister Nirmala Sitharaman. Here is more on what made news on Tuesday.

FM Sitharaman sees GDP growth in negative zone or near zero this fiscal

Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in negative zone or near zero in the current fiscal.