Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra
2 weeks, 1 day ago

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra

Live Mint  

Prospects for the Indian economy are expected to improve in 2025 thanks to high consumer and business confidence, Reserve Bank of India governor Sanjay Malhotra said in his foreword to the Financial Stability Report, which pegged the real GDP growth for the current fiscal year at 6.6%. In the bi-annual report released on Monday, Malhotra said that despite global uncertainties, the Indian economy is expected to pick up in the second half of the current fiscal. “Notwithstanding the uncertainties shrouding the global macro-financial ethos as it unfolds, prospects for the Indian economy are expected to improve after the slowdown in the pace of economic activity in the first half of 2024-25,” said Malhotra, who took over as the central bank's 26th governor earlier this month. After the sharp slowdown in growth in the first half of the year, the Indian economy is exhibiting resilience and stability, and is expected to recover in the third and fourth quarters, the FSR noted.

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History of this topic

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
4 days, 16 hours ago

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN

Live Mint  

The Indian economy is projected to expand by 6.6 per cent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report. It also said that the near-term outlook for South Asia is expected to remain robust, with growth projected at 5.7 per cent in 2025 and 6.0 per cent in 2026, “driven by strong …

India’s Growth Slowdown Meets Global Headwinds
4 days, 18 hours ago

India’s Growth Slowdown Meets Global Headwinds

The Hindu  

Published : Jan 10, 2025 18:40 IST - 5 MINS READ Reams of news space were occupied this week by the analysis of the growth snafu that India has hit. The first set of advance estimates for FY25 has pegged India’s real GDP growth at 6.4 per cent. It is also lower than the Reserve Bank of India’s current projection …

Decoding India’s growth slowdown
Trending News
5 days, 4 hours ago

Decoding India’s growth slowdown

The Hindu  

The first advance estimates of India’s Gross Domestic Product in 2024-25, released by the National Statistics Office this week, shows a decline in the real GDP growth rate to 6.4% from 8.2% registered in 2023-24. The annual growth rates of real gross fixed capital formation in public and private sectors During the 10 years of the United Progressive Alliance rule, …

​Growth chill: On the economy
6 days, 12 hours ago

​Growth chill: On the economy

The Hindu  

The National Statistics Office has confirmed emerging fears about the economy’s evidently sluggish trajectory through this year in its first Gross Domestic Product estimates for 2024-25. While the election-focused first quarter hit public capital spending, the second quarter was marred by weak demand and still underwhelming public capex, dragging GDP growth to a seven-quarter low of 5.4%. The NSO’s projection …

Indian Stock Market 2025: Balancing challenges with strong growth prospects
6 days, 20 hours ago

Indian Stock Market 2025: Balancing challenges with strong growth prospects

Live Mint  

In 2024, the Indian stock market delivered decent returns to investors, with the BSE Sensex rising by 8.17% and the National Stock Exchange Nifty50 climbing 8.8%. This was despite numerous challenges throughout the year, including heavy selling by foreign institutional investors, weak corporate results in the second quarter, unfavourable weather conditions, geopolitical tensions between Iran and Israel, as well as …

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges
Trending News
1 week ago

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges

Live Mint  

The State Bank of India SBI's revised forecast for FY25 GDP growth in India is 6.3%, which is a little less than the 6.4% estimate from the National Statistical Office. In its initial advance GDP projections, the National Statistical Office estimated that India's real GDP growth would be 6.4% in FY25. GDP growth likely to slip to 6.4% in FY25: …

Why the 6.4% GDP growth estimate for FY25 should worry Modi govt
Top News
1 week ago

Why the 6.4% GDP growth estimate for FY25 should worry Modi govt

India Today  

The first advance estimates of GDP growth for FY25 have confirmed the worst fears of economists—that growth will fall much below the 7 per cent estimated by the Reserve Bank of India. India’s GDP growth for the second quarter was 5.4 per cent, down from 6.7 per cent in the first quarter and way below the 8.1 per cent in …

GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?
Top News
1 week ago

GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?

India Today  

India’s economic growth is expected to slow sharply to 6.4% in FY25, according to the first advance estimates released by the government. SECTORAL GROWTH MODERATION Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, explained, “India’s GDP is expected to grow by 6.4% in FY25 over 7.2% in FY24. These shifts in consumer behaviour underline a broader transition in India’s consumption …

Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress
1 week ago

Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress

New Indian Express  

NEW DELHI: The downward revision of GDP growth estimates for the current fiscal calls for radical action to dispel the cloud of growth slowdown and investment chill in the country, the Congress said on Wednesday. In a statement, Ramesh said the advance estimates released by the Union government for GDP growth in the 2024-25 financial year projected a mere 6.4 …

Risks to economy escalating in 2025, says SBICAPS
1 week ago

Risks to economy escalating in 2025, says SBICAPS

Live Mint  

New Delhi: The economic outlook for calendar year 2025 remains cautious, with many of the risks from the last year expected to escalate, leading to heightened uncertainty and volatility, according to SBICAPS. Fresh structural shifts, such as rising currency volatility and the diversification of global supply chains, are unfolding against a backdrop of ongoing trade wars, geopolitical upheavals, and political …

India’s real GDP expected to rise 6.4% in FY25
1 week ago

India’s real GDP expected to rise 6.4% in FY25

The Hindu  

India’s real Gross Domestic Product is expected to rise 6.4% in this financial year, slowing from 8.2% in 2023-24, the National Statistics Office said on Tuesday in its first advance estimates of GDP for 2024-25. The real Gross Value Added in the Indian economy is reckoned to rise 6.4% as well, relative to a 7.2% uptick in 2023-24, with Agriculture …

India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data
1 week, 1 day ago

India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data

India Today  

India’s GDP growth is projected to slow sharply to 6.4% in FY25, down from 8.2% in FY24, according to the first advance estimates released by the National Statistics Office. "Real GDP has been estimated to grow by 6.4% in FY 2024-25 as compared to the growth rate of 8.2% in Provisional Estimate of GDP for FY 2023-24. Real GDP at …

Watch: Indian economy: what to expect in 2025?
1 week, 4 days ago

Watch: Indian economy: what to expect in 2025?

The Hindu  

At the start of 2024, there was a lot of excitement about the Indian economy - the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and become the world’s third-largest economy by 2027. However, the latest data from the National Statistics Office showed …

Prospects for Indian Economy Improving Says RBI Gov
2 weeks, 1 day ago

Prospects for Indian Economy Improving Says RBI Gov

Deccan Chronicle  

Mumbai: Amidst an uncertain global macroeconomic and financial environment, the Indian economy is exhibiting resilience and stability with the Gross Domestic Product projected to grow at 6.6 per cent in 2024-25. The growth would be aided by the revival in rural consumption, pickup in government consumption and investment and strong services exports said the Reserve Bank of India’s Financial Stability …

India FY25 GDP: Indian economy poised to grow 6.6% in FY25 on revival in urban, rural demand: RBI Report
2 weeks, 1 day ago

India FY25 GDP: Indian economy poised to grow 6.6% in FY25 on revival in urban, rural demand: RBI Report

Live Mint  

India FY25 GDP: India's gross domestic product is projected to grow at 6.6 per cent in 2024-25, aided by a revival in rural consumption, a pickup in government consumption and investment, and strong services exports. RBI's economic review: Key metrics from December issue According to the RBI, the real GDP growth is expected to recover in Q3 and Q4 of …

RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent
2 weeks, 2 days ago

RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent

India TV News  

The Reserve Bank of India on Monday said that the bank's asset quality improved further and their gross non-performing assets or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024. "Buoyed by falling slippages, higher write-offs and steady credit demand, the gross nonperforming assets ratio of 37 scheduled commercial banks fell to a multi-year …

India Sees Economic Growth at 6.5% for the Year Through March
2 weeks, 5 days ago

India Sees Economic Growth at 6.5% for the Year Through March

Live Mint  

-- India expects the economy to grow at around 6.5% in the year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter. “We expect the economy to grow at around 6.5% in real terms in financial year 2024-25,” the Department of Economic Affairs said in its monthly economic review for November. “India’s growth …

Indian economy to grow nearly 6.5% in FY25 amid global triggers, GDP to bounce back in second-half: FinMin report
2 weeks, 5 days ago

Indian economy to grow nearly 6.5% in FY25 amid global triggers, GDP to bounce back in second-half: FinMin report

Live Mint  

India GDP growth: The Indian economy is expected to grow nearly 6.5 per cent in the current fiscal year 2024-25, closer to the lower end of the 6.5-7 per cent projection, against 8.2 per cent a year before, due to global uncertainties and triggers posing a dampening threat. The Finance Ministry expects a gross domestic product growth of 6.5 per …

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year
2 weeks, 6 days ago

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year

Deccan Chronicle  

New Delhi: India's economy is likely to grow by 6.5 per cent in the current and the next financial year, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. The economy continued to be negative even in October 2024 at 8.4 per cent, implying that in the first seven …

Indian Economy To Grow At 6.5 Per Cent In FY25 And FY26, Says EY Economy Watch
2 weeks, 6 days ago

Indian Economy To Grow At 6.5 Per Cent In FY25 And FY26, Says EY Economy Watch

ABP News  

The Indian economy is projected to grow at 6.5 per cent in the current and next fiscal year, an EY report revealed. The study showed that real GDP growth slowed down to reach a seven-quarter low of 5.4 per cent in the second quarter in the current 2024-25 fiscal year, in comparison to 6.7 per cent expansion rate clocked in …

Indian Economy To Recover In Q3 As Rural Demand Continues To Climb, Says State Of The Economy Report
Trending News
3 weeks ago

Indian Economy To Recover In Q3 As Rural Demand Continues To Climb, Says State Of The Economy Report

ABP News  

India’s gross domestic product growth is expected to make a comeback in the third quarter of the current financial year, the latest State of the Economy report by the Reserve Bank of India revealed. This revival is being backed by robust festive activity and a consistent upswing in rural demand, the report authored by RBI staff including Deputy Governor Michael …

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin
Trending News
3 weeks ago

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin

Live Mint  

Mumbai: Several high-frequency indicators for the third quarter of the current financial year show that the Indian economy is recovering from the slowdown in momentum witnessed in the previous three months ended September, according to a paper in the Reserve Bank of India’s monthly bulletin. The recovery in Q3 of FY25 is being driven by strong festival activity and sustained …

Economy rebounds in Q3 with boost from festivals and rural demand: RBI
3 weeks, 1 day ago

Economy rebounds in Q3 with boost from festivals and rural demand: RBI

India Today  

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India bulletin released on Tuesday. "High frequency indicators for the third quarter of 2024-25 indicate that the Indian economy is recovering from the slowdown in momentum witnessed …

How the Indian economy fared in 2024, in 9 charts
3 weeks, 1 day ago

How the Indian economy fared in 2024, in 9 charts

Live Mint  

The year 2024 kept governments across the world on tenterhooks, with more than 60 countries, including India, holding elections, injecting uncertainty about how the outcomes would shape future fiscal, monetary, and trade policies. The Indian economy faced several challenges in 2024, from slowing growth to stubborn inflation to risks associated with personal loan growth. While the fight against inflation made …

Price stability crucial for India’s economic growth, says RBI
3 weeks, 4 days ago

Price stability crucial for India’s economic growth, says RBI

Live Mint  

The foundations for high growth in the Indian economy can be achieved through durable price stability, the monetary policy committee of the Reserve Bank of India said. "The MPC emphasises that strong foundations for high growth can be secured only with durable price stability," the minutes of the Monetary Policy Committee meeting held in December said. "The MPC also decided …

India’s GDP growth pegged at 6.6% for FY26 on investment boost: India Ratings
3 weeks, 6 days ago

India’s GDP growth pegged at 6.6% for FY26 on investment boost: India Ratings

Live Mint  

New Delhi: India Ratings and Research on Wednesday said that the country’s economic growth is likely to accelerate to 6.6% in the financial year starting 1 April, from 6.4% it has projected for FY25. Devendra Kumar Pant, chief economist and head, public finance, for India Ratings and Research, told reporters that the Reserve Bank of India’s interest rate cut would …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

Will India's economic growth pick up pace? Nirmala Sitharaman answers
4 weeks, 1 day ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?
4 weeks, 2 days ago

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?

Live Mint  

Chapter 16 in the Book of Leviticus, Old Testament, enjoins Aaron to organize sacrifices and expiate the sins of all Israelites. Various ministers, government officials and sundry industry representatives have been hinting at RBI culpability in India’s economic slowdown and have called upon its monetary policy committee to cut rates in support of growth. The debate began with this year’s …

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26
1 month ago

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Live Mint  

India's growth forecast: US-based credit rating agency, Fitch Ratings on Friday revised India's GDP forecast to 6.4 per cent to 7 per cent for FY25. This cut comes after the Reserve Bank of India, in its recent monetary policy committee, revised India's growth forecast to 6.6 per cent from 7.2 per cent. In the July-September quarter of FY25, the Indian …

DC Edit | FM, new RBI chief signal cut
1 month ago

DC Edit | FM, new RBI chief signal cut

Deccan Chronicle  

Finance minister Nirmala Sitharaman’s statement that inflation is a major challenge faced by countries around the world and that no country can solve it alone appears to have set an agenda for new RBI governor Sanjay Malhotra, who took charge a few hours before she made this statement. During the tenure of Shaktikanta Das, the RBI remained squarely focused on …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

Corporates in India see 4x profit but keep salaries stagnant: Report
1 month ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today  

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

New RBI governor Sanjay Malhotra says need to ensure stability, continuity in policy
1 month ago

New RBI governor Sanjay Malhotra says need to ensure stability, continuity in policy

Live Mint  

Mumbai: The new Reserve Bank of India governor Sanjay Malhotra has started out by emphasizing the need to ensure stability and continuity in policy making, while remaining “alert and agile” amid the current global and political uncertainties. “All businesses, all people, they do need this continuity and stability rather than day-to-day kind of a policy,” Malhotra said at his first …

India’s new central bank governor takes over as economic growth slows and inflation rises
1 month ago

India’s new central bank governor takes over as economic growth slows and inflation rises

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sanjay Malhotra, a career civil …

Inflation likely eased to 5.5% in November: Mint poll
1 month ago

Inflation likely eased to 5.5% in November: Mint poll

Live Mint  

India’s retail inflation is expected to have eased to 5.5% in November from 6.2% the previous month, driven by a seasonal decline in vegetable prices, according to a Mint poll of 16 economists. Even if inflation moderated in November, it would still have exceeded the Reserve Bank of India's medium-term target of 4% in all but two months since September …

Sanjay Malhotra takes charge as RBI Governor
Trending News
1 month ago

Sanjay Malhotra takes charge as RBI Governor

Deccan Chronicle  

Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India. Malhotra, a career bureaucrat, arrived at the central bank's headquarter this morning, where he was welcomed by senior RBI staffers.The central bank confirmed Malhotra's appointment through a post on the microblogging site "X" and also shared a few pictures.Malhotra, who recently served as the …

India’s new central bank governor takes over as economic growth slows and inflation rises
1 month ago

India’s new central bank governor takes over as economic growth slows and inflation rises

Associated Press  

NEW DELHI — India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India, succeeding Shaktikanta Das, who retired as central bank governor after an extended six-year term. In a brief statement Wednesday, …

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26
1 month ago

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26

Deccan Chronicle  

The Asian Development Bank has lowered India’s GDP growth projections for FY25 to 6.5 per cent from 7 per cent estimated in September as well as the projection for FY26 to 7 per cent from 7.2 per cent predicted earlier owing to tighter prudential norms and lower than expected industrial growth in Q2. Inflation estimates for the current fiscal has …

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today
Top News
1 month ago

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today

India TV News  

Sanjay Malhotra, a veteran of the Indian Administrative Service officer who served in Rajasthan cadre in the 1990s, is set to assume charge as the 26th Governor of the Reserve Bank of India on Wednesday. Direct transition from north section Malhotra will be the first RBI Governor after Duvvuri Subbarao who moved directly from the North Block, the seat of …

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?
1 month ago

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?

India Today  

Sanjay Malhotra took charge as the 26th RBI Reserve Bank of India, beginning his three-year tenure on Wednesday, as he steps into a crucial role with several pressing challenges ahead. "The new RBI governor, Sanjay Malhotra, has several challenges ahead in his tenure, particularly those related to inflation and India’s economic growth," said VLA Ambala, Co-Founder of Stock Market Today. …

New RBI guv must keep macro picture in sight
1 month ago

New RBI guv must keep macro picture in sight

Hindustan Times  

The Reserve Bank of India is one of India’s most illustrious institutions. In 2016, the Centre added another mandate to RBI’s responsibilities, controlling inflation in the economy. India's Press Information Bureau/Handout via REUTERS The change of guard in Mint Street, with Sanjay Malhotra replacing incumbent Shaktikanta Das, comes at a point where the central bank has been steadfastly holding interest …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
1 month ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra
1 month ago

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra

The Hindu  

Revenue Secretary Sanjay Malhotra on Tuesday said he will work to understand all perspectives and do what is best for the economy after he takes charge as the RBI Governor on December 11. Responding to reporters' queries outside the Finance Ministry, Mr. Malhotra said, "One has to understand the turf, all perspectives and do what's best for the economy." Mr. …

Vivek Kaul: India’s GDP growth slump holds lessons in forecasting
1 month ago

Vivek Kaul: India’s GDP growth slump holds lessons in forecasting

Live Mint  

India’s growth in gross domestic product, adjusted for inflation, for the period July to September slowed to a seven-quarter low of 5.4%. Or as Zahaan Bharmal writes in The Art of Physics: Eight Elegant Ideas to Make Sense of Everything: “Blithe predictions… cannot be made in a complex system where the impossibility of accurate prediction is inbuilt." Data from the …

Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor
1 month ago

Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor

India Today  

Shaktikanta Das, the outgoing Governor of the Reserve Bank of India, expressed gratitude to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, and the central bank team on his last day in office. Das also highlighted his working relationship with Sitharaman, and said, “The fiscal-monetary coordination was at its best and helped us deal with the multiple challenges during the …

SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25
1 month, 1 week ago

SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25

Hindustan Times  

The State Bank of India has projected India's gross domestic product would grow at 6.3% during the ongoing fiscal year, lower than the Reserve Bank of India's estimate of 6.6%, revised from the earlier 7.2%. India's GDP grew at 5.4% in the July-September quarter of FY25, the lowest in seven quarters The SBI said, “We believe that GDP growth for …

SBI forecasts India's GDP growth at 6.3 per cent, lower than RBI's projection for financial year 2025
1 month, 1 week ago

SBI forecasts India's GDP growth at 6.3 per cent, lower than RBI's projection for financial year 2025

India TV News  

The State Bank of India forecasted India's GDP growth at 6.3 pc, lower than the Reserve Bank of India's projection of 6.6 pc for FY25 in its latest report. The report forecast comes after the RBI sharply downgraded its real GDP growth projection for FY25 from 7.2 per cent to 6.6 per cent during its latest Monetary Policy Committee meeting, …

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