Pronab Sen

The Planning Commission today said that the Reserve Bank of India has some headroom for rate hike of around 50 basis points.

"There is some headroom left for rate hike

Amid speculation that the Reserve Bank would further tighten monetary policy next month, chief statistician Pronab Sen has cautioned against any firm monetary action to cool down runaway inflation saying

Chief Statistician Pronab Sen has said the projected 7. 2 per cent economic growth for this fiscal may be revised upwards if the industrial production remains buoyant in the

Economic growth numbers for the current fiscal, to be released by May, will provide actual picture to the government to decide if stimulus packages could be rolled back, Chief Statistician Pronab Sen said today.

A change in the base year used to calculate gross domestic product may help reduce fiscal deficit for 2009/10 to 6.41 percent of GDP, chief statistician Pronab Sen said

India's monthly inflation may touch double digits by March, Chief Statistician Pronab Sen said on Tuesday. "It is really possible," he said, when asked whether inflation could touch double digits by March.