Governor Shaktikanta Das of the Reserve Bank of India (RBI) stated on Friday that the real GDP growth for 2024–2025 is now anticipated to be 6.6%, with Q3 and Q4 growth rates of 6.8% and 7.2%, respectively. For the current fiscal year, the RBI had previously predicted that the Indian economy would rise by 7.2%. … Read more
The Reserve Bank of India’s (RBI) deputy governor, M. D. Patra, spoke at the RBI’s 90th anniversary celebration in Mumbai on the topic of “Communicating Monetary Policy,” noting that central banks are still honing their methods for communicating with the public and that strengthening this “soft skill” is crucial for boosting their communication efforts. Patra … Read more
RBI Monetary Policy: With Q2 inflation at 4.4%, Q3 inflation at 4.7%, Q4 inflation at 4.3%, and Q1FY26 inflation at 4.4%, the Reserve Bank of India (RBI) kept its 4.5% inflation forecast for FY2025. Shaktikanta Das, the governor of the RBI, stated today that the risks are evenly distributed. According to Das, stronger-than-anticipated inflation caused … Read more
