New Delhi, Nov. 16 -- Finance Minister Nirmala Sitharaman on Friday said it was too early to say if the slowdown in the economy had bottomed out but she hopes the growth in second half of the fiscal will be better.
The Minister also said companies are planning new investments as a response to corporate tax cuts announced in September.
Asked if she expected the growth to be better in the second half, she said: "I may not be able to predict about it, but I am hopeful that it will be better."
The GDP growth for Q2 is expected towards the end of this month and a recent SBI report said it could be at 4.2 per cent - lower than the current 5 per cent of Q1.
At a media interaction here on Friday, Sitharaman said that actual investments may take...