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GDP, India and RBI
India's GDP growth slows to 2-year low of 5.4% in Q2, adding pressure on RBI to cut rates
India's economy grew at its slowest pace in seven quarters, expanding just 5.4% year-on-year in the July-September quarter. Weaker manufacturing and private consumption drove the slowdown. The Reserve Bank of India faces calls to cut rates to stimulate demand,
RBI’s GDP projections on test as India’s Q2 GDP growth falls short
In the past few years, RBI’s report card on its GDP projections compared to actual growth have been mixed. Actual GDP growth has both overshot and undershot the projections, often forcing RBI to revise its projections.
India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
The economy expanded 5.4% in the second quarter from a year ago, hobbled by tepid consumption demand and a weakening in the mining sector
8h
RBI Inquiries on Liquidity Spur Speculation of Action Next Week
India’s central bank has stepped up dialogue with traders at treasury desks this week about cash conditions in the banking ...
1d
on MSN
Rupee flat, wedged between month-end dollar bids and likely RBI intervention
The Indian rupee was little changed on Thursday, as likely intervention by the Reserve Bank of India supported the currency ...
cnbctv18
8h
HSBC economist predicts next RBI interest rate cut in February
HSBC's Pranjul Bhandari maintains a GDP growth forecast of around 6.5% for Q2, though she acknowledges key challenges. Urban ...
2d
Dollar Selling by RBI Is Starving Indian Banks of Liquidity
Indian banks suffered a deficit of liquidity this week for the first time in two months as dollar sales by the authorities to ...
1d
Indian central bank to delay cutting rates to early 2025 amid inflation concerns: Reuters poll
The Reserve Bank of India (RBI) is set to hold interest rates on Dec. 6 as a sharp rise in consumer inflation has led several ...
Opinion
The Financial Express
1d
Opinion
Checks and balances on RBI’s powers
Its crackdown on NBFCs begs revisiting FSLRC’s suggested changes to the RBI Act and creation of an appellate authority for ...
Press Trust of India on MSN
3h
Banks' credit to industry grows by 8% in October, as per RBI data
The Reserve Bank data also showed that credit to agriculture and allied activities registered a growth of 15.5 per cent ...
Yahoo
11d
RBI plans to launch cloud services for local companies
The Reserve Bank of India (
RBI
) is set to initiate a cloud services platform by 2025, aimed at aiding financial ...
cnbctv18
3h
Banks' credit to industry grows by 8% in October: RBI data
Personal loans growth decelerated to 15.8% (y-o-y) in October as compared to 18% recorded a year ago, largely due to decline ...
Hosted on MSN
3h
RBI Is Withdrawing Rs 25000 Crore From India's System - What Does It Mean?
At a time when liquidity is a concern, the Reserve Bank of India is sucking Rs 25000 crore from India's banking system. In a ...
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India
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Chennai
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