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RBI holds 2017-18 GDP growth at 6.7%

RBI holds 2017-18 GDP growth at 6.7%
The Reserve Bank on Wednesday retained its economic growth projection for 2017-18 at 6.7 per cent saying that the risks are evenly balanced. In its Fifth Bi-monthly Monetary Policy Statement, 2017-18, RBI said the second quarter growth was lower than the one that was projected in the October review, and the recent increase in oil prices may have a negative impact on margins of firms and Gross Value Added (GVA) growth.   "The projection of real GVA growth for 2017-18 of the October ...
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