Inflationary pressures are likely to ease somewhat in FY16, in part, due to tighter monetary policy and fiscal consolidation by the incoming government.
“Our FY16 headline CPI forecast remains at 7 %,” the report said.
BJP's victory rekindles hope for structural reforms: Goldman
New Delhi: A clear mandate for the BJP has rekindled hope for structural reforms and better investment climate and the country's growth is likely to accelerate to 6.5 % in FY16, a Goldman Sachs report
Inflationary pressures are likely to ease somewhat in FY16, in part, due to tighter monetary policy and fiscal consolidation by the incoming government.
“Our FY16 headline CPI forecast remains at 7 %,” the report said.
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