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Gradual recovery at work, GDP may grow to 7.8% in FY16: Nomura

Last Updated: Wednesday, September 2, 2015, 20:51

A cyclical recovery is under way for the Indian economy, and the country's GDP growth is expected to improve to 7.8 percent this fiscal from 7.3 percent in 2014-15, a Nomura report says.

Hope RBI takes note of low inflation, oil prices: FM Jaitley

Last Updated: Monday, August 31, 2015, 13:23

In a scenario where inflation is under control, the quantum of interest rate cut is "the prerogative of the RBI", he said.

Low inflation offers scope of RBI rate cut to boost growth: SBI

Last Updated: Sunday, July 5, 2015, 15:12

"With ebbing inflationary pressures there may be further scope for monetary stimulus to pump up domestic demand," SBI Chairperson Arundhati Bhattacharya said.