Growth outlook: Are businesses and consumers more to the point than RBI?

Money Control | Oct 17, 2019 at 9:05 AM
  • September saw a string of fiscal measures to support growth, rounded off with a 25-basis point (bps) easing by the Reserve Bank (RBI) in October.
  • The RBI lowered its real GDP growth forecast for FY20 to 6.1 per cent from 6.9 per cent in August.
  • The RBI predicts the growth cycle turning up to 5.3 per cent, 6.6 per cent and 7.2 per cent, respectively.