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Moody’s Forecasts 7.2% GDP Growth For India In 2024; Cautions On Inflation Risks
Moody’s has forecasted a strong 7.2% GDP growth for India in 2024, driven by favorable economic conditions and solid growth prospects.
US Fed’s Rate Cut Sparks Optimism For Emerging Markets; Analysts Say India Could Benefit
The US Federal Reserve’s second 25-basis-point rate cut to 4.75% boosts optimism in emerging markets, including India.
Surge In Gold Holdings As RBI Reports Increase In Foreign Exchange Reserves
Amid rising geopolitical tensions and gold prices, the RBI reported its gold reserves increased to 854.73 metric tonnes as of 30 September.
Indian Economy On Firm Footing With Declining Inflation Trends: Shaktikanta Das
The RBI expressed confidence in the country’s economic stability, with Shaktikanta Das stressing a proactive approach to global challenges.
RBI Imposes Restrictions On Four NBFCs Over Regulatory Violations
The RBI has imposed strict regulatory actions on four NBFCs - Asirvad, Arohan, DMI, and Navi - over major supervisory concerns.
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.
RBI Likely To Keep Repo Rate Unchanged Amid Geopolitical Tensions: Experts
Experts expect the RBI to maintain the repo rate as its Monetary Policy Committee begins a three-day meeting amid global uncertainties.
Indian Rupee Among World’s Most Stable Currencies: RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das says the Indian rupee is one of the world’s most stable currencies against the US dollar.
