India's Central Bank raised the benchmark interest rate from 6.25% to 6.5%, marking a two-year high, and raised the country’s inflation forecast (Bloomberg, 25-Jan-2011). The RBI expects the benchmark wholesale-price inflation rate to reach 7% by 31-Mar-2011 more than its early projection of 5.5%.
India's Central Bank raises interest rates and inflation forecast
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This report is a short extract from CAPA's comprehensive 200-page India Aviation Outlook Report FY2017/18, to be released in Feb-2017 at the CAPA India Aviation Summit. The Outlook includes CAPA's projections for traffic, capacity, yields and earnings and presents fleet induction plans, detailed operating and financial analysis and risk assessments of each Indian airline and airport operator. The report also includes analysis of policy and regulatory issues.