LIVE MARKET UPDATE

Friday 22 August 2014

Small Comment on Indian Equity Trading Market Free

The Reserve Bank of India (RBI) has said that the Indian economic growth is poised for a take-off amid signs of economic reforms, fiscal consolidation and projected improvement in investments.


The central bank forecasts the gross domestic product (GDP) to grow around 5.5% in 2014-15 after two painful years of sub-5% growth, its annual report stated. "The Indian economy stands at a crossroads that could take it from a slow bumpy lane to a faster highway," RBI said, in its annual report.


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