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Recently, analysts at CLSA too had forecast a similar growth rate (of 5 per cent) for the Indian economy in FY20 with risks to the downside.
Ravindra Dholakia's questions the data at a time when inflation continues to undershoot the RBI's forecasts
The MPC has prudently voiced concerns about the possible interplay of domestic and global risk factors, said Chanda Kochhar
We will closely monitor the evolution of the handful of factors and how they impact inflation, said Urjit Patel at the bi-monthly policy press conference
Citing inflation at 5-year low, deceleration in factory output, Assocham requested for rate cut