Tag: indian economy
How 2024 proved to be both good and bad for the Indian economy
The year 2024 presented a mixed bag for the Indian economy, with notable successes tempered by emerging challenges. While the economy displayed remarkable resilience amid…
The year of the pause: How RBI maneuvered its policy in 2024
At 6.5%, the benchmark interest rate today is exactly where it was when former Reserve Bank of India governor Shaktikanta Das took charge in late…
India’s per capita availability of fruits and vegetables increases by 7 kg and 12 kg over last decade: Report
Per capita availability of fruits and vegetables has increased by 7 kg and 12 kg, respectively, over the past ten years, according to State Bank…
IIP grows 3.5% in October, up from 3.1% a month ago
The IIP growth rate for the month of October 2024 is 3.5 percent which was 3.1 percent in the month of September 2024. The IIP…
inflation: India’s retail inflation eases to 5.48% in Nov from 6.21% in Oct as food prices moderate
India’s retail inflation eased to 5.48 per cent in November, after breaching the RBI’s 6 per cent upper tolerance band in October, as the arrival…
Key Indian minister confident India will remain the champion
India’s Commerce and Industry Minister, Piyush Goyal, expressed unwavering confidence in the nation’s economic prospects despite recent challenges. Speaking at the Times Network’s India Economic…
India’s economic growth by end of this fiscal will be back on track: Commerce Minister Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Thursday expressed confidence that India’s economic growth by end of this fiscal will be back on track despite…
Govt seeks parliament nod for extra spending for FY25
The Indian government sought on Thursday parliament’s approval for gross additional spending of 867.3 billion rupees ($10.22 billion) in the current fiscal year, the finance…
RBI will remain ‘alert and agile’ to meet challenges, says newly appointed governor Malhotra
The newly appointed Reserve Bank of India governor during his first press conference on Wednesday said the central bank will maintain continuity and stability in…
Sanjay Malhotra takes charge as RBI governor
Sanjay Malhotra assumed office as the 26th Governor of the Reserve Bank of India on Wednesday, succeeding his role as the former Revenue Secretary. He…