RBI cuts FY23 GDP growth forecast to 6.8% from 7%
NEW DELHI: The RBIon Wednesday cut its GDP growth forecast for 2022-23, citing accentuated headwinds from protracted geopolitical…
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michael patra
Monetary policy alone can’t sway growth: RBI
Mumbai : RBI deputy governor Michael Patrahas said that monetary policy on its own cannot influence long-run growth of the…
‘India to beat Germany as 4th largest economy by FY26’
MUMBAI: India will match Germany’s GDP (just over $4 trillion as of 2021) and become the fourthlargest economy by 2025-26 and by…
Inflation trajectory heavily contingent on geopolitical developments: Michael Patra
NEW DELHI: Inflation trajectory continues to be "heavily contingent" upon the evolving geopolitical developments, international…
Front-loaded rate hikes reduce need for action later, says RBI deputy governor Patra
MUMBAI: Reserve Bank of India deputy governor Michael Patrasaid that the front-loading of interest rate hikes to tame inflation…
RBI likely to slow down pace of rate hikes, may raise rates by 0.25% in Sept: Deutsche Bank
MUMBAI: The Reserve Bank's rate setting panel is likely to opt for slowing down the pace of hikes and increase the repo rate by…
RBI hints at Oct hike, sees festival boost for demand
MUMBAI: Hinting at the likelihood of further rate hikes in the October policy, a report released by the RBIon Thursday said that…
India can sustain 2.5%-3% deficit: RBI
MUMBAI : India can sustain a current account deficit (CAD) of 2. 5% to 3% of the gross domestic product (GDP) without getting into…
US said Russia oil refined in India is making it to American companies: RBI deputy governor | India…
MUMBAI: US government has shared with Indian authorities how sanctioned Russian oil processed in India is making it to US…
India can sustain 2.5%-3% current account deficit: RBI
MUMBAI: India can sustain a current account deficit (CAD) of 2.5% to 3% of the gross domestic product (GDP) without getting into…