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001122334455554433221100

RBI governor maintains optimistic GDP growth forecast despite mixed economic signals

RBI Governor Shaktikanta Das defended the central bank's 7.2% GDP growth forecast for FY25, asserting that the positives in the economy outweigh the negatives despite some mixed signals. He acknowledged lower-than-expected growth in the first quarter and concerns over festive demand but emphasized that past projections have proven accurate. The RBI's outlook remains more optimistic than the government's 6.5-7% growth estimate and recent downgrades by investment banks.
Moneycontrol
United States Dollar Goldman Sachs Corp IND Narendra Modi Goldman Sachs Corp Shaktikanta Das Show more
Finance & Economy, Market Report
04:40 28.10.2024
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