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Development Dominoes

How a handful moved for (or against) their pet projects

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Development Dominoes
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Economy Predictions

Inflation forecasts for 2012

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“Inflation will be around 7-7.3% by March 31. Beyond that we tentatively expect inflation to ease to 6-6.5% by December-end.” —Abheek Barua, HDFC Bank
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“Definitely inflation will head down for the first time in two years to below 7% by March-end. During 2012-13, inflation should average 7%.” —D.K. Joshi, CRISIL

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“Generalised inflation could dip below 7% but March seems too early for it to happen due to factors like impact of crude oil and high interest rates.” —Sanjay Kaul, NCMS
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“Inflation for the year-end is expected to be 7.2%, while the average for 2012-13 could be 6.7%, although the Rupee might pose some further risk.” —N.R. Bhanumurthy, D-School

Outlook also spoke to a cross-section of experts to come up with other forecasts for 2012...

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  • Sensex: Between 12000 and 17000 on the Sensex
  • Real Estate: Stable with 10-15% drops in certain pockets
  • GDP growth: 6.6% to 7%
  • Interest rates: Repo cuts of 125-150 basis points the next year
  • Gold: Rs 25,000-Rs 30,000/10 gm.
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