IIP Notorious, No Connect With Reality on Ground: Abheek Barua
PUBLISHED ON: April 13, 2015 | Duration: 14 min, 57 sec
Abheek Barua, chief economist at HDFC Bank, talks to NDTV about various macro indicators and the better-than-expected industrial production data for February. He says IIP is notorious and bears no connection with the reality on ground. On the rate cut, he says there is possibility of a 25 basis points rate cut by June this year.