Growth forecast falls to 6 pc in RBI survey

Professional forecasters have added to Reserve Bank of India Governor Duvvurri Subbarao's dilemma on timing the exit from an accommodative monetary policy stance. A median forecast released by RBI......

RBI surveyors peg GDP at 4.8% in 2013-14

Reserve Bank-sponsored professional forecasters on Monday scaled down India's growth projection to 4.8 per cent for the current fiscal from 5.7 per cent estimated earlier. In its Macroeconomic......

Government unlikely to meet deficit target for FY12

Given indications that the government's deficit target for 2011-12 would be breached, the process of fiscal consolidation is likely to suffer a setback.According to the Reserve Bank of India's......

RBI to focus on retail inflation; March end forecast over 8%

Shifting its stance of monetary policy towards targeting retail inflation as it is an "inequitable tax", RBI today said it may exceed 8 per cent by March end and efforts will continue to bring......