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Even without El-Nino possibility, these factors may keep inflation at 5%
Fri, Apr 21, 2017
Michael Debabrata Patra, member of MPC, in minutes of meeting of the RBI policy meet said, "True to projections made at the time of the last meeting of the Committee, inflation is turning up. It seems to me that it is coming out of the U-shaped compression imposed by demonetisation and is now positioned on the rising slope. Several factors merit pre-emptive concern."
'Make in India' campaign comes back as Modi Govt readies for Budget 2017
Tue, Jan 31, 2017
PM Modi's foreign visits over the past two years have exclusively focused on marketing India as a perfect destination to set up factories. The government rightly believes that manufacturing has to grow if India has to attain GDPs of 8% and above.
Limited room to reduce fiscal deficit to 3% in FY18: Moody's
Mon, Jan 16, 2017
The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.