Interest rates in the economy can be lowered further, according to the Asian Development Outlook 2003 of the Asian Development Bank (ADB).
Releasing the outlook today, Jean Piere A Verbiest, assistant chief economist of the Bank, said India would maintain a 6.0 per cent gross domestic product (GDP) growth in 2003, despite the impact of the Iraq war, the spread of the Sever Acute Respiratory Syndrome (Sars) virus and the effect of the Centre
