Tag: India GDP 2024

India’s GDP grows at 8.4% in October-December quarter; 2023-24 growth scaled up to 7.6% from 7.3%

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India’s GDP grows at 8.4% in October-December quarter; 2023-24 growth scaled up to 7.6% from 7.3%

Making a flurry of revisions in the economy’s growth estimates, the National Statistical Office (NSO) on Thursday raised India’s real GDP growth esimate for this year to 7.6% from the 7.3% projected last month. It also scaled down its 7.2% growth estimate for 2022-23 to 7%, and raised its 2021-22 estimate from 9.1% to 9.7%….

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RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

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RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%.  Consequently,…

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