Buoyed by better than expected
GDP growth of 7.9 percent in the second quarter, the Reserve
Bank said it will have to raise the country`s growth
outlook for 2009-10 from the current estimates of 6 percent.
Subir Gokarn, chief economist for Asia Pacific with global rating agency Standard and Poor`s, will be appointed as a deputy governor of the Reserve Bank of India (RBI), Finance Minister Pranab Mukherjee said here on Wednesday.