It is expected that the RBI would cut rates in the coming monetary policy review
GN Bureau | September 14, 2016
India’s industrial output declined by 2.4 percent in the month of July after it had climbed 1.95 percent the month before. However, the government data also showed a slower inflation at 5.05 percent in August; the RBI has set a target of 5 percent retail inflation by March 2017.
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