Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress
6 days, 15 hours 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 per cent growth. "In the data from Q2 of this year, Private Final Consumption Expenditure growth slowed to 6 per cent from 7.4 per cent in the previous quarter. Ramesh also pointed to sluggish private investment, saying the government's projection for growth in Gross Fixed Capital Formation was that it would slow to 6.4 per cent this year, down from 9 per cent last year.

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India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs
1 day, 1 hour ago

India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs

Live Mint  

New Delhi: India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday. The central government's “fiscal impulse will remain a drag on growth in the next fiscal year”, said the report titled ‘Asia in Focus—Union Budget Preview: Policy Choices in a Cyclical Growth Slowdown’. "We continue …

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
3 days, 14 hours ago

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes

Live Mint  

The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat …

Low-base effect lifts industrial production to seven-month high
3 days, 15 hours ago

Low-base effect lifts industrial production to seven-month high

New Indian Express  

NEW DELHI: Industrial production increased to a seven-month high of 5.2% year-on-year in November 2024 as compared to 3.7% in October, thanks largely to a low-base effect. Though sequentially, industrial production contracted by 1.2% in November as the effect of festive season waned earlier this year. Despite the November industrial production growth largely attributed to low base effect, experts see …

India’s Growth Slowdown Meets Global Headwinds
4 days, 2 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
4 days, 12 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, …

UN predicts world economic growth at subdued 2.8% in 2025
Trending News
4 days, 21 hours ago

UN predicts world economic growth at subdued 2.8% in 2025

Associated Press  

UNITED NATIONS — The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025, the United Nations said Thursday. In “World Economic Situation and Prospects 2025,” U.N. economists wrote that their positive prediction was driven by the strong although slowing growth forecast for China and the United States and by …

​Growth chill: On the economy
5 days, 20 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 …

DC Edit | Fall in consumption signals economic slump lies ahead
5 days, 20 hours ago

DC Edit | Fall in consumption signals economic slump lies ahead

Deccan Chronicle  

The Indian economy is likely to record the slowest growth in the last four years at 6.4 per cent in the next financial year 2024-25, according to the first advance estimates released by the government on Tuesday. The growth in the manufacturing sector, constrained by weak exports and slowing global demand, is expected to muted at 5.3 per cent from …

GDP slowdown? First estimate is not the last word: What past data shows
6 days, 4 hours ago

GDP slowdown? First estimate is not the last word: What past data shows

Live Mint  

The Indian economy is expected to grow at a sharply slower rate of 6.4% in 2024-25, according to the first advance estimates released by the statistics ministry on Tuesday. The full-year GDP growth projection is calculated three months before the fiscal year ends, with the statistics ministry extrapolating data based on economic trends observed during the first six to nine …

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges
Trending News
6 days, 11 hours 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
6 days, 15 hours 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
6 days, 15 hours 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 …

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 …

Ahead of Budget, govt pegs FY25 GDP growth at a tepid 6.4%—the slowest since the pandemic
1 week ago

Ahead of Budget, govt pegs FY25 GDP growth at a tepid 6.4%—the slowest since the pandemic

Live Mint  

New Delhi: The Indian economy’s express train may be slowing down, even while remaining the fastest-growing major economy in the world. India’s finance ministry recently said it expects the economy to grow at 6.5% in FY25, while the Reserve Bank of India estimated a 6.6% growth aided by rural consumption, government investment, and strong services exports. However, India’s gross domestic …

GDP growth slows to 6.4 per cent for 2024-25, down from 8.2 per cent in previous year: Govt Data
Top News
1 week ago

GDP growth slows to 6.4 per cent for 2024-25, down from 8.2 per cent in previous year: Govt Data

India TV News  

The Ministry of Statistics and Program Implementation announced on Tuesday that India's Gross Domestic Product will grow by 6.4 per cent in FY2024-25, a sharp decline from the 8.2 per cent growth recorded in FY24. "Real GDP has been estimated to grow by 6.4 per cent in FY 2024-25 as compared to the growth rate of 8.2 per cent in …

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

A sombre December manufacturing PMI curbs enthusiasm
Trending News
1 week, 5 days ago

A sombre December manufacturing PMI curbs enthusiasm

Live Mint  

The pace of business activity in India’s manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product growth. Read this | New consumption survey reveals the cracks in the economy Remember, pent-up urban consumption demand coupled with a surge in retail credit from banks were among the key factors that led to sharp …

Prospects for Indian Economy Improving Says RBI Gov
2 weeks 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 …

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 …

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 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 …

HDFC Securities expects India GDP to moderate to 6.4% in 2024-25
3 weeks, 2 days ago

HDFC Securities expects India GDP to moderate to 6.4% in 2024-25

Live Mint  

New Delhi, December 22 : Financial advisory services firm HDFC Securities expects India's GDP to grow at 6.4 per cent in 2024-25, with downside risks given a slowdown in urban demand and a lack of substantial revival in private capex. For 2025-26, HDFC Securities said that GDP is estimated to improve to 6.7 per cent, HDFC Securities said in its …

India in 2025: Challenges are resurfacing but so are opportunities
3 weeks, 5 days ago

India in 2025: Challenges are resurfacing but so are opportunities

Live Mint  

Much has been said about India’s growth slowdown to 5.4% in the quarter ending September. We believe that the bulk of the growth exuberance over the past few years has been led by the rise of ‘new India’, a small but fast growing part of the economy, which comprises several high-tech sectors. After several heady years, the base of ‘new …

Indian economy to grow 6.6% in FY26: Ind-Ra
3 weeks, 5 days ago

Indian economy to grow 6.6% in FY26: Ind-Ra

The Hindu  

India Ratings and Research on Wednesday projected the Indian economy to grow at 6.6% in 2025-26, up from 6.4% in the current fiscal year. Ind-Ra believes investments will be a key growth driver for the Indian economy in FY26, like in FY22 and FY24. While the June quarter GDP growth of FY25 was impacted by the combination of a strong …

India’s GDP growth pegged at 6.6% for FY26 on investment boost: India Ratings
3 weeks, 5 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 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, …

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 …

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 …

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth
1 month ago

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Firstpost  

A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report talks about a record high profit by the private sector, with stagnation in salaries of the workers — one of the reasons for sluggish private consumption, a key …

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 …

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 …

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 …

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 …

Economists ask Finance Minister to focus on growth rather than fiscal consolidation
1 month, 1 week ago

Economists ask Finance Minister to focus on growth rather than fiscal consolidation

New Indian Express  

NEW DELHI: With the second quarter GDP growth falling to a 7-quarter low of 5.4%, economists have asked the government to shift its policy focus to growth rather than fiscal consolidation. In a pre-budget meeting with finance minister Nirmala Sitharaman on Friday, a delegation of economists suggested the government readdress the pace of fiscal consolidation and take measures to boost …

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, …

GDP Slowdown in Q2 Not Systemic: Nirmala Sitharaman
1 month, 1 week ago

GDP Slowdown in Q2 Not Systemic: Nirmala Sitharaman

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman on Friday said that the gross domestic product or GDP slowdown in the September quarter was not ‘systemic’ and the economic activity in the third quarter, with better public expenditure, is likely to compensate for the moderation. The minister’s statement comes after the Reserve Bank of India sharply slashed its growth projection to …

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
1 month, 1 week ago

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman

Live Mint  

New Delhi: India’s economic growth decelerated in the September quarter because of the general election earlier in the year and not a systemic issue, finance minister Nirmala Sitharaman said on Friday, expressing confidence that growth in the December quarter would make up for the lost momentum. Speaking at the India Japan Forum 2024 in the capital, a closed-door meeting between …

‘GDP slowdown in Q2 not systemic, economic activity to compensate’: Nirmala Sitharaman
1 month, 1 week ago

‘GDP slowdown in Q2 not systemic, economic activity to compensate’: Nirmala Sitharaman

Hindustan Times  

The recent slowdown in India's gross domestic product growth rate was not “systemic” and economic activity in the third quarter would compensate for the moderation, Finance Minister Nirmala Sitharaman asserted on Friday. I expect Q3 to make up for all these.” The senior BJP leader added, “So, the growth number is something which is not necessarily going to be badly …

RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%
1 month, 1 week ago

RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%

Deccan Chronicle  

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent.The Reserve Bank of India maintained the status quo on interest rate despite July-September quarter GDP growth …

RBI Monetary Policy: MPC projects FY25 GDP growth at 6.6%; cuts estimates from 7.2% earlier
1 month, 1 week ago

RBI Monetary Policy: MPC projects FY25 GDP growth at 6.6%; cuts estimates from 7.2% earlier

Live Mint  

RBI Monetary Policy: Reserve Bank of India Governor Shaktikanta Das while announcing a status quo on the repo rate and policy stance on Friday, December 6, expects the FY25 GDP Growth to be at 6.6% The RBI Governor after the Monetary Policy Committee meeting, while pegged GDP growth rate to be at 6.6% for FY25, it expects ongoing quarter i.e …

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
1 month, 1 week ago

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome

Live Mint  

RBI Monetary Policy: Highlighting sticky inflation and its impact on economic growth and consumers, Reserve Bank of India Governor Shaktikanta Das announced a status quo on the repo rate and policy stance on Friday, December 6. The Monetary Policy Committee of the central bank, by a majority of 4:2, decided to keep the repo rate at 6.50 per cent for …

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