RBI cuts FY13 GDP growth forecast to 5.7%
Linkedin

RBI cuts FY13 GDP growth forecast to 5.7%

Mumbai : India | Oct 29, 2012 at 7:39 AM PDT
Source: Rediff
XX XX
Views: Pending
 
I n its macroeconomic review report, the Reserve Bank has cut FY13 GDP growth forecast to 5.7% vs 6.5%. It said that the governement's recent reforms lower economic risk but implementation is the key and that growth slowdown is due to weak global growth. FULL ARTICLE AT Rediff
1 of 3
Next
The government has forecast growth of 1.4% for 2010
The government has forecast growth of 1.4% for 2010
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
  • Credibility
  • Wait... Flag
 
 
Advertisement
 

News Stories

 
  • Inflation risks still worry Reserve Bank

      The Hindu
    Mumbai, October 29, 2012 The Hindu Entrance of the Reserve Bank of India. File photo The Reserve Bank of India (RBI) has reiterated the need for careful policy calibration even as growth slows and inflation risks persist. Monetary policy needs to be...
  • RBI raises inflation estimate, rate cuts unlikely

      NewKerala
    A day before the monetary policy review, the Reserve Bank of India (RBI) said inflation is likely to persist, indicating it would keep interest rates on hold for the time being. The RBI revised upward its projection for inflation based on the...
  • Little leeway in tinkering monetary policy tomorrow: RBI

      NewKerala
    I Mumbai, Oct 29 (UNI) The Reserve Bank of India (RBI) today indicated that it had little leeway in tinkering the monetary policy as growth-inflation balance warranted careful policy calibration as growth slows but inflation risks persist ahead of...
  • RBI lowers growth forecast to 5.7 percent

      NewKerala
    The Reserve Bank of India (RBI) Monday lowered the country's economic growth forecast for the current financial year to 5.7 percent from its earlier projection of 6.5 percent. In a document released a day ahead of the second quarter review of the...
  • India growth to plunge to 5.7%: RBI

      Indian Express
    I '+google_ads[i].line2 +'  '+google_ads[i].line3 + ' Agencies : Mumbai, Mon Oct 29 2012, 20:18 hrs The country's economic growth in the current fiscal is likely to drop to 5.7 per cent while inflation may inch upwards from the earlier projections,...
  • RBI indicates that rate cut likely in policy review

      The Economic Times
    Indicating that a cut in interest rate is likely, the Reserve Bank has said despite high inflation it would take steps to support growth in the half- yearly review of monetary policy tomorrow. "Monetary policy needs to be cautious in the interim,...

Images

 >
 

More From Allvoices



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.