Not possible to grow at 7.5%, domestic factors slowing growth: Montek

.....That level is not comfortable, Ahluwalia said, adding that the central bank needs to do a “balancing act”. “Monetary policy needs to be forward looking, (there is) too much emphasis is being laid on the short term rate,” he said. “Lowering the rate would be a good signal, but there are a number of other factors.”  The RBI is scheduled to hold its mid-quarterly policy review on June 18, and................

Read.........