India GDP growth edged up to a measly 5.5%

But analysts still call for a 50 bps cut in interest rates before this year ends.

According to BBVA Research, India’s GDP growth picked up in 2Q12 to 5.5% y/y as favorable base effects and an increase in construction helped support year-on-year industrial output, even as services continued to slow.

Here's more from BBVA:

While the GDP outturn beat expectations, downside risks to the outlook continue to linger given the global slowdown, slack domestic investment, and concerns over fiscal policy and the pace of economic reforms.

We maintain our call for a 50 bps cut in interest rates during the remainder of 2012, although a cut at the next policy meeting in September seems unlikely given high inflation and the absence of fiscal reforms. Today’s outturn is in line with our full-year projection of 5.6% GDP growth in 2012

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia