reserve bank of indias

Barclays, Citi raise India’s growth closer to 7% after GDP beat

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Barclays, Citi raise India’s growth closer to 7% after GDP beat

Economists raised their full-year projections for India’s economy sharply after data on Thursday showed growth outperformed last quarter, fueled by a manufacturing boom. Barclays Plc and Citigroup Inc. predict the economy will now expand 6.7% in the fiscal year ending in March, up from previous forecasts of 6.3% and 6.2%, respectively. Several other analysts also … Read more

Easing input costs to keep retail inflation contained, says Crisil

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Easing input costs to keep retail inflation contained, says Crisil

The fall in input costs may have positive implications for core inflation, which has proved stickierRetail prices are expected to increase at a slower pace than last year as an easing of input costs and slower-than-expected demand weigh on consumer inflation, according to a Crisil report.Wholesale prices, which are more amenable to global price pressures, … Read more