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Saturday, August 31, 2024

Q1 bump tied to polls, confident GDP growth will hit 7.2%: RBI guv

RBI Governor Shaktikanta Das anticipates that India's GDP growth will meet the projected 7.2% for this financial year, driven by favorable monsoon conditions and higher government spending. The first-quarter growth dipped to 6.7% due to reduced government expenditure related to elections. However, he remains optimistic about achieving the annual projection.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ROAaUqC

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