The Reserve Bank of India’s(RBI) October bulletin indicates a potential rebound in aggregate demand, driven by festival spending and improved consumer confidence, despite a temporary slowdown in GDP growth. While the RBI projects a 7.2% growth for FY25, many economists anticipate a more conservative estimate of 6.8%. Additionally, favorable agricultural...
The Reserve Bank of India (RBI) has kept the repo rate steady at 6.5% for the tenth time, while shifting its stance to “neutral,” aiming to balance inflation control with economic growth. Food inflation, contributing around 70% to overall retail inflation, remains a key concern, as rising prices threaten price...
The International Monetary Fund (IMF) has revised India’s growth forecast for FY25 upward to 7%, citing stronger private consumption, particularly in rural areas. This adjustment comes amid varied economic projections for global markets, with notable updates for China, Europe, and the United States. The International Monetary Fund (IMF) has increased...
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