Stable govt brightens prospects for recovery - RBI

MUMBAI (Reuters) - Prospects of economic recovery in India look bright following the formation of a stable government, though supply side issues need to be solved to help monetary policy bring down inflation, the Reserve Bank of India said on Thursday.

India Pledges to Create Jobs and Tackle Inflation

NEW DELHI — India’s new government will pursue broad economic overhauls focused on job creation through public and private investment, with containing inflation a priority, President Pranab Mukherjee told Parliament on Monday.