RBI Keeps Repo Rate Steady At 6.5%; Maintains GDP Growth Forecast
On Wednesday, the RBI's MPC decided to maintain the repo rate at 6.5% and upheld its GDP growth forecast for India at 7.2% for FY25.
RBI Projects Robust GDP Growth For FY25 Over Strong Economic Fundamentals
The Reserve Bank of India (RBI) is optimistic about India's economic prospects, forecasting a real GDP growth of 7.2% for FY25.
RBI Governor Shaktikanta Das Projects FY25 Retail Inflation At 4.5% Amid Favorable Conditions
During the MPC meeting on Wednesday, RBI Governor Shaktikanta Das projected retail inflation at 4.5% for FY25.
Finance Minister Urges Banks To Boost Deposits & Lending For Government Schemes
Finance Minister Nirmala Sitharaman urged banks to boost public deposits and support lending for Budget 2024-25 initiatives.
Rising Urban, Rural Demand To Take GDP To 7.2 PC: RBI Forecasts
India’s economy is showing strong growth 7.2 in GDP, supported by investment demand, steady urban consumption, and rising rural consumption, according to RBI Governor Shaktikanta Das.
RBI Governor foresees 8 Per Cent GDP Growth For India
India's economic development is still accelerating and may get better in the upcoming months. He also stated that the India is on way to 8 per cent GDP growth.
RBI MPC Minutes Show Deepening Concerns Over Inflation Pressures
In a world of extreme uncertainty, India is witnessing a conducive environment of macroeconomic stability
Finance Minister: Government Aims At Purely Reducing The Tax Burden On The Middle Class
She said that it is not necessary to induce individuals to invest through government schemes but give them an opportunity to make personal decisions regarding investments.
Loan EMIs To Go Up As Repo Rate Hiked By 25 Bps To 6.5%
The RBI has brought down the liquidity surplus in the banking system to below 2 trillion rupees ($24.19 billion) from around 9-10 trillion rupees..
