May 7, 2014 8:24 AM

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India growth rate to rise beyond 5% : RBI Governor

RBI Governor Raghuram Rajan has expressed optimism on India's growth rate going beyond the five percent mark soon. He said the economy has been growing at a flat rate of five percent and hopefully the country will see it picking up in the near future. He was talking to media persons on the sidelines of a special talk at Oxford University in Britain on Monday. Mr. Rajan also reiterated his view on the growth rate being inextricably linked with curbing inflation. The RBI Governor said he has always stressed that stimulating growth and controlling inflation are not opposed to each other.

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