Newsmakers: Gold tumbles Rs 175 on global cues, RBI may hold rates in 2016 and more - Photos-1
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Newsmakers: Gold tumbles Rs 175 on global cues, RBI may hold rates in 2016 and more

The Reserve Bank of India is likely to keep repo rate unchanged in 2016 as CPI inflation may remain above its target of 5 per cent by March 2017, says a report by Nomura. As disinflationary forces stabilise - oil, rural wages, negative output gap, MSP
The Reserve Bank of India is likely to keep repo rate unchanged in 2016 as CPI inflation may remain above its target of 5 per cent by March 2017, says a report by Nomura.

As disinflationary forces stabilise - oil, rural wages, negative output gap, MSP - the report expects underlying core CPI inflation to remain above RBI's 5 per cent target in March 2017.
PHOTO: Reuters
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