September quarter GDP growth at 4.5 per cent has come in line with the Street expectations. The question now is: how soon will the economy see a turnaround as the corrective action of fiscal and monetary stimulus come into play?
The credit and deposit growth in the banking system is down to single digits. On the other hand, CPI headline inflation is inching closer to the 4 per cent mark, while core inflation is below the 4 per cent mark. Part of the slowdown has been due to corrective a ..
