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Tag Archives: forecast

RBI retains GDP growth forecast at 7.4 pc for FY’19

In the third bi-monthly monetary policy statement for 2018-19, RBI said various indicators suggest that economic activity has continued to be strong. The statement issued after three-day meeting of the Monetary Policy Committee (MPC) noted that the progress of the monsoon so far and a sharper than the usual increase ... Read More »

IMD to forecast floods using new system, soil study data

Currently, the Central Water Commission issues flood warnings. IMD DG K J Ramesh told a News agency that the national weather agency was preparing to launch this service from the next month by using the Flash Flood Guidance System for the first time in the country. In a first for ... Read More »