NCAER Predicts Economic Growth at 7.5% This Fiscal

New Delhi: Economic think-tank NCAER has projected the country's economic growth at 7.5 per cent in the current fiscal. "NCAER's annual model predicts that GDP growth rate (GDP market prices at 2011-12 prices) will grow at 7.5 per cent for 2015-16," it said in a release today. It said satisfactory rainfall in the first half of the south-west monsoon season may help revive rural demand. "Lower inflation because of lower commodity p...