Monetary Policy Committee retains 7.6% growth forecast
The six-member Monetary Policy Committee on Tuesday retained the earlier projection of growth in real gross value added (GVA) for 2016-17 at 7.6%. The committee also set an  inflation target of 5% by March 2017 with upside risks. However, the inflation risks were lower than the previous two policy reviews in June and August, an official release stated.