The Macroeconomic and Monetary Developments 2014-15 update is released by Reserve Bank of India along with its first bi-monthly monetary policy statement for 2014-15. As per the macroeconomic update the Indian economy is set on a dis-inflationary path, but more efforts may be needed to secure recovery. While the global environment remains challenging, policy action in India has rebuilt buffers to cushion it against possible spillovers
FlashNews:
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