2.25 PM: Finance Minister to hold a press conference:

Finance Minister Nirmala Sitharaman will hold a press briefing on Friday evening, a government spokesman said, amid expectations that the government would announce steps to revive economic growth, said Reuters.

Several businessmen say the Narendra Modi-led government needs to take swift action on the economy, as the economic growth in January-March slid to a near five-year low of 5.8%.

Most analysts expect data due later this month to show that growth in April-June faltered even further, it added.

News Source:- Moneycontrol.com

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