Diabytes
Nomura report News
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The Reserve Bank has said it will continue to undertake liquidity management operations in sync with the monetary policy stance to keep system liquidity adequate to meet the productive requirements of the economy.
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India is expected to see a modest recovery in GDP growth at 6.6 per cent for the April-June quarter as compared to 6.1 per cent in January-March, which was affected by demonetisation, says a Nomura report.
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WPI inflation is expected to rise and average around 0.6 percent this year, while the pace of increase will remain slow amid weak demand conditions, says a Nomura report.
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Reserve Bank is likely to hold the pause button until the end of this year, largely owing to inflationary pressures, a Nomura report has said.
According to the Japanese brokerage firm Nomura, the possibility of El Nino conditions is developing this year and this could possibly push food inflation temporarily higher.
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