 "GDP, growth")
The Reserve Bank of India's monetary policy has started its two-day meeting for the central bank's bimonthly review of its monetary policy. The policy will be announced on Wednesday, September 4.
The gross domestic product (GDP) growth for the first quarter of the financial year (FY) 2018, coming in at 5.7 per cent, was a shocker. Going by the present trends, the actual growth rate for FY 2018 would fall far short of the RBI’s projection of 7.3 per cent and is likely to be somewhere near the lower band of Chief Economic Advisor (CEA) Arvind Subramanian’s growth projection of
The gross domestic product (GDP) growth for the first quarter of the financial year (FY) 2018, coming in at 5.7 per cent, was a shocker. Going by the present trends, the actual growth rate for FY 2018 would fall far short of the RBI’s projection of 7.3 per cent and is likely to be somewhere near the lower band of Chief Economic Advisor (CEA) Arvind Subramanian’s growth projection of
