The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.
Monsoon rains are expected on time this year, hitting Kerala on June 1.
As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.
Prices moved up sharply in recent months.
The forecast of deficient monsoon rainfalls scared farmers.
If the real economy is indeed looking up, then it no longer needs hand-holding and fiscal laxity
In UP, potato prices have moved marginally up so far this month.
The industry expects Iran to purchase at least 1 million tonnes this financial year
The National Council of Applied Economic Research (NCAER) on Thursday lowered the GDP projection for the current fiscal to 4.7-4.9 per cent due to exchange rate depreciation.
India's economic growth had slumped to a decade's low of five per cent in 2012-13.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
Sowing up 400%; prices may be low in 2014 as Maharashtra, MP and Bengal also likely to increase acreage 15-20%.
The battle on creating jobs is virtually lost. If the battle for achieving higher growth too is lost, then its political consequences could become difficult to manage, says A K Bhattacharya.
The India Pulses and Grains Association estimates production of kharif pulses at seven mt this year.
Economic Survey says Services Sector Negotiations at WTO Crucial.
The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year
This rate of growth has a number of implications.
The panel finds 'discrepancy' in the Annual Survey of Industries data.
Improved performance of manufacturing, services and trade sectors helped boost GDP
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
But lower growth numbers in the quarters to come may not mean renewed weakness in the economy at the ground level, says Pranjul Bhandari.
Finance firms in these SEZs likely to get tax breaks.
New data is puzzling as these aren't corroborated by other data
Agriculture, which accounts for 14% of GDP grew at 3.2% in the quarter
India's economic growth slipped to decade low of 5 per cent in 2012-13 and in the current fiscal it estimated to be around the same level.
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
Andhra Pradesh now comes third in ease of doing business.
During April-February, the index of industrial production, a measure of factory activity, declined 0.1 per cent compared with a 0.9 per cent growth in the corresponding period of 2012-13.
IMF attributes the slower growth rate to supply-side bottlenecks.
The estimates of national income and growth do not pass the 'smell test'.
The state is trying hard to improve ease of doing business by several notches.
The Economic Survey was tabled in the Parliament on Friday.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
It, however, lags other states on crucial parameters such as health care and rural poverty.