Indian Economy review: Q1 2007-08

RBI meets 4 times ( April, July, Oct, Jan) in a financial year to review its credit & monetary policy.

Before the meeting, RBI also presents a report on developments in Indian economy and financial markets in previous quarter. For instance, if it meets in July, it would review the developments in the Apr-Jun quarter.

As RBI meets today (31st July, 2007), the macroeco report was out yesterday and is available here. As the report is 84 pages long, one can also go through the summary here.

I am still going through the report and would post my comments later.

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