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The report noted that lending rate cuts are key to cyclical recovery rather than reforms as reforms tend to push up growth only in the medium term.Business
BofA cuts GDP growth forecast to 6.9 per cent

BofA-ML expects lending rates to come off 50-75 bps by September 2017.

1 Dec 2016 1:02 PM IST

The boost came from agriculture, that grew at 3.3 per cent because of a good monsoon and construction activity.Opinion
GDP growth: Will it last?

India's economy largely runs on cash, and its shortage is expected to continue till late December or even beyond.

1 Dec 2016 12:51 AM IST

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