MUMBAI (Reuters) - India should aim for a growth of at least 8.5 percent in its gross domestic product in 2009, Reserve Bank of India Governor Yaga Venugopal Reddy said on Tuesday.
Reddy, who was speaking at a news conference after the RBI left interest rates unchanged in its policy review, said inflation was not as comfortable as the numbers may indicate.
India's annual wholesale price index rose 3.83 percent in the week to Jan. 12, marginally higher than the previous week's 3.79 percent, but below the central bank's target of 5 percent for the fiscal year 2007/08.
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