GDP forecast

policy impact: RBI MPC: Experts decode policy impact on markets, sectors

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policy impact: RBI MPC: Experts decode policy impact on markets, sectors

The Reserve Bank of India (RBI) left repo rates unchanged at 6.5% for the eighth time in a row. The monetary policy was a 4:2 decision, with two members voting in favour of a rate cut by 25 bps taking a dovish view. While the Street was expecting a status quo in the policy rate, … Read more

economic growth: UN upgrades India’s 2024 growth forecast to 6.9% from 6.2%

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economic growth: UN upgrades India’s 2024 growth forecast to 6.9% from 6.2%

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand … Read more