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The Reserve Bank’s Annual Report for 2023-24 said that the Indian economy is navigating the drag from an adverse global macroeconomic and financial environment. | Photo Credit: REUTERS Indian economy is likely to grow at 7% in the current fiscal year starting April, the Reserve Bank of India (RBI) said in its annual report released…
Read More “RBI annual report 2023-24: Central bank sees real GDP growth at 7% in FY25” »
Representational file image. | Photo Credit: B. Jothi Ramalingam Extreme weather conditions may pose a risk to inflation, along with prolonged geopolitical tensions that could keep crude oil prices volatile, the Reserve Bank’s April Bulletin said on April 23. The retail based on the Consumer Price Index (CPI) has eased to 4.9% in March after…
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Union Minister of Commerce and Industry Piyush Goyal. File. | Photo Credit: ANI Commerce and Industry Minister Piyush Goyal on February 19 exuded confidence that the Reserve Bank will cut interest rates as inflation is under control. The RBI has been maintaining the benchmark interest rate at an elevated level of 6.5% since February 2023….
Read More “Piyush Goyal confident of rate cut by Reserve Bank in coming months” »
