 "News Digest")
RBI cuts growth forecast
The Reserve Bank of India (RBI) kept its policy rates unchanged on Wednesday, revised its inflation forecast for the second half of the fiscal year, and lowered the growth forecast sharply, while asking the government not to be too ambitious with its fiscal stimulus package. Read more
Economy on right track: PM Modi
Prime Minister Narendra Modi on Wednesday lambasted the critics of his government’s economic policies and expressed commitment to carrying out further reforms to reverse the trend of declining GDP (gross domestic product) growth. Read
The Reserve Bank of India (RBI) kept its policy rates unchanged on Wednesday, revised its inflation forecast for the second half of the fiscal year, and lowered the growth forecast sharply, while asking the government not to be too ambitious with its fiscal stimulus package. Read more
Economy on right track: PM Modi
Prime Minister Narendra Modi on Wednesday lambasted the critics of his government’s economic policies and expressed commitment to carrying out further reforms to reverse the trend of declining GDP (gross domestic product) growth. Read
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