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More pain in store for economy, GDP seen slipping to 4.3% in Q4

Nomura also believes that the first quarter of 2020 will see a "weak" uptick in GDP growth at 4.7 per cent.

food

Dec 12, 2019, 09.49 PM IST

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RBI revises inflation projection upwards in view of rising food prices

Following the slide in economic growth to 4.5 per cent the last quarter — the worst numbers in more than six and half years — the RBI was expected to further cut policy rates, but ended up holding the repo rate at 5.15 per cent.

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