Saturday, May 4, 2013

Mayaram says sentiment improving, Montek says RBI too pessimistic

In a strong signal that the government does not agree with RBI’s assessment of the economy, the finance ministry on Friday said India would grow at least 6% in the current financial year, citing a pickup in investment and rising investor confidence. RBI has projected the Indian economy to grow at 5.7%, which is lower than even some private forecasts............ 

Read - ET

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