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The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, it said.
"So far as the Reserve Bank is concerned, we have identified high inflation as a major risk to macroeconomic stability and sustainable growth,"
Senior economists have told IANS that the MPC will not change the repo rate nor it may resort to other means to control liquidity.
The next meeting of the RBI Monetary Policy Committee (MPC) is scheduled for October 4-6.
The Reserve Bank at its last bi-monthly monetary policy committee (MPC) meeting on August 10 decided to keep the benchmark interest rate
The governor of the Reserve Bank of India (RBI) has stated that they anticipate the GDP growth for the initial fiscal of FY2024 to be around 8 per...
India grew by 7.2 per cent in the previous fiscal, making it one of the fastest-growing nations in the world.
The panel will announce, on June 8, its decision whether to hold the rates or revise them upwards or cut them.