Tag: rbi monetary policy oct 2024

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

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RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The RBI cited the favourable agricultural crop outlook which could ease food inflation pressures, subject to weather risks. File photo | Photo Credit: REUTERS The Reserve Bank of India (RBI) has projected India’s real GDP growth for FY25 at 7.2 per cent, while CPI inflation for the fiscal year is expected to moderate to 4.5 per…

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RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5%

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RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5%

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, in Mumbai. File photo | Photo Credit: PTI  The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday (October 9, 2024) decided to keep the policy repo rate unchanged at 6.50% for the 10th consecutive time. Of the six members of…

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