You are here: Home
Business
Finance
RBI MONETARY POLICY REVIEW Special Report By www.capitalheight.com
RBI MONETARY POLICY REVIEW Special Report By www.capitalheight.com
December 20, 2011 Finance news in Indore,Madhya Pradesh, India, Republic of
Since the Reserve Bank’s Second Quarter Review (SQR) of October 25, 2011, the global economic outlook has worsened significantly. The recent European Union (EU) summit agreement did not assuage negati
FOR IMMEDIATE RELEASE
Indore,
Madhya Pradesh,
India, Republic of
(Free-Press-Release.com) December 20, 2011 --
Introduction
Since the Reserve Bank’s Second Quarter Review (SQR) of October 25, 2011, the
global economic outlook has worsened significantly. The recent European Union (EU)
summit agreement did not assuage negative market sentiments, thereby increasing the
likelihood of persistent financial turbulence as well as a recession in Europe. Both
factors pose threats to emerging market economies (EMEs), including India.
Significantly, despite these developments, crude oil prices remain elevated.
Global Economy
The global economic situation continues to be fragile with no credible solution as yet to
the immediate euro area sovereign debt problem. At the EU summit on December 8-9,
the European leaders agreed on a new fiscal compact, involving stronger coordination
of economic policies to strengthen fiscal discipline.
Domestic Economy
GDP growth moderated to 6.9 per cent in Q2 of 2011-12 from 7.7 per cent in Q1 and
8.8 per cent in the corresponding quarter a year ago. The deceleration in economic
activity in Q2 was mainly on account of a sharp moderation in industrial growth. On the
expenditure side, investment showed a significant slowdown. Overall, during the first
half (April-September) of 2011-12, GDP growth slowed down to 7.3 per cent from 8.6
per cent last year.
Outlook
Global growth for 2011 and 2012 is now expected to be lower than earlier anticipated.
Increased strains in financial markets on the back of growing concerns over euro area
sovereign debt, limited monetary and fiscal policy, high unemployment rates, weak
housing markets and elevated oil prices are all contributory factors. These factors have
also contributed to moderating growth in the EMEs.
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Stocks tips as well as
commodity tips, mcx tips, bullion tips, equity tips, intraday tips.
For 2 Days Free Trial, please visit our site at http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950
Or email us at: contact@capitalheight.com
stock Tips india
###
People who viewed this press release also interested in the following topics: monetary policy of reserve bank of india.

Where: Palm Desert,United States
Industry: Business Services
Where: Palm Desert,United States
Industry: Business Services

Where: Livonia,United States
Industry: Business Services
Post your news to the World.See you news here immediately. It's easy and free!
Create free account or Login.


