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No compromise on capex; consolidated fund to be used if needed, the source said
MPC likely to revise inflation forecast upward in August policy review
GDP data for the April to June quarter will reveal how badly the economy was hit by the coronavirus pandemic
Retail headline inflation in March 2020 fell to a four-month low of 5.9 per cent, 0.7 per cent lower from a month ago and 3.1 per cent higher than the corresponding month a year ago
GDP growth forecast for FY20 has been revised downwards from 6.1 per cent in the October policy to 5 per cent
It said that the maximum downward pressure to the change in current index came from food group contributing (-) 2.37 percentage points to the total change
The February headline numbers were far below estimates and may push RBI to not delay a cut in interest rates