If the data, due at 5.30pm on 28 February, matches the consensus, the quarter will have the best growth rate in 2017. Gross domestic product (GDP) grew 6.9% in the October-December quarter from a year earlier, according to the poll of more than 35 economists, taken over the past week. If the data, due at 5.30pm on 28 February, matches the consensus, the quarter will have the best growth rate in 2017. In July-September, the economy grew 6.3% annually, a return to a faster growth trajectory after five consecutive quarters of slowdown. While the RBI kept rates on hold at its 7 February meeting, the minutes showed monetary committee members concerned about the rising inflation rate.

Source: Mint February 26, 2018 05:48 UTC