Key Points
The Reserve Bank of India's rate-setting panel while projecting a positive outlook for the ongoing financial year, kept the real GDP growth forecast for FY25 unchanged at 7 per cent...
The Monetary Policy Committee (MPC) sees Q1FY25 growth rate at 7.1 per cent, Q2 at 6.9 per cent, Q3 and Q4 at 7 per cent each, with risks evenly balanced...
"The rural demand is catching up, consumption expected to support economic growth in FY25," RBI governor Shaktikanta Das said..
"The continuing geopolitical tensions pose upside risks to commodity prices," Das said.. While announcing the outcome from its April 3-5 meeting, the RBI governor said that the MPC once again voted to keep the benchmark lending rates unchanged at 6.5 per cent, for the seventh consecutive time...
"Among the key drivers on demand side, household consumption is expected to improve, while prospects of fixed investment remain bright owing to upturn in the private capex cycle, improved business sentiments, healthy balance sheets of banks and corporates; and governments continued thrust on capital expenditure," the MPC had said in its February meeting, the last one in FY24..
