Thursday, August 29, 2019

Top News: RBI Plays Down Deepening Slowdown as Just \'Cyclical Downswing\'

<p>The Reserve Bank says the ongoing growth deceleration is a \"soft patch mutating into a cyclical downswing\", and has underlined reviving consumption and private investment should be the highest priority for policymakers and government. In the annual report for FY19, released Thursday, the central bank concedes that diagnosing the

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<p>The Reserve Bank says the ongoing growth deceleration is a \"soft patch mutating into a cyclical downswing\", and has underlined reviving consumption and private investment should be the highest priority for policymakers and government. In the annual report for FY19, released Thursday, the central bank concedes that diagnosing the

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