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Professional forecasters lower FY'13 GDP growth to 6.5%: RBI

Last Updated: Monday, July 30, 2012, 20:56

Professional forecasters have lowered India's GDP growth rate forecast for 2012-13 to 6.5 percent from the earlier 7.2 percent on back of high inflation and deficient monsoon, RBI said Monday.

Nomura cuts India GDP growth forecast to 5.8% in FY'13

Last Updated: Tuesday, June 26, 2012, 16:28

Noting that India's monetary and fiscal policies are at loggerheads, global financial services firm Nomura has lowered the country's growth forecast for this fiscal to 5.8 percent, from 6.7 percent earlier.