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Searched Tag: consumer price index based inflation cpi
FICCI revises India's GDP growth to 6.4pc, inflation at 4.8pc

FICCI revises India's GDP growth to 6.4pc, inflation at 4.8pc

January 16, 2025, 04:26 PM - 4 min read

FICCI forecasts India's GDP growth at 6.4 per cent for the financial year 2024-25. This represents a downward revision from the 7.0 per cent projection made in September 2024 and indicates a slowdown from the 8.2 per cent growth recorded in 2023-24.

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RBI focused on keeping inflation on a 'tight leash': RBI Guv Das

RBI focused on keeping inflation on a 'tight leash': Das

December 6, 2024, 05:37 PM - 3 min read

The Reserve Bank's efforts are focused on keeping the inflation horse under a "tight leash", Governor Shaktikanta Das said on Friday as the central bank opted for a status quo in policy rates for the 11th consecutive time.

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RBI to announce monetary policy decision on Friday

RBI to announce monetary policy decision on Friday

December 5, 2024, 09:11 PM - 3 min read

Experts are of the view that the Reserve Bank of India is likely to opt for status quo on the short-term lending rate (repo), and will possibly tinker with cash reserve ratio (CRR) keeping in mind the mixed economic trends.

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RBI's MPC starts deliberations on bi-monthly monetary policy

RBI's MPC starts deliberations on bi-monthly monetary policy

December 4, 2024, 05:22 PM - 3 min read

The government has tasked the Reserve Bank of India to ensure consumer price index (CPI) based inflation remains at 4 percent with a margin of 2 percent on the either side.

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RBI predicts 4.5% CPI inflation in 2024-25

RBI predicts 4.5% CPI inflation in 2024-25

May 30, 2024, 10:03 PM - 2 min read

The RBI has projected the country’s inflation rate, based on the Consumer Price Index (CPI), at 4.5 per cent for 2024-25 in the backdrop of an above-average monsoon expected this year and easing of supply chain pressures.

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In a recent statement, State Bank of India (SBI) Chairman Dinesh Khara expressed confidence in India's economic trajectory, highlighting conditions that suggest an imminent upshift in real GDP growth.

SBI Chairman foresees India's GDP growth, eyes 14-16% credit growth in FY25

May 10, 2024, 02:56 PM - 2 min read

Khara said, "The bank's commitment to supporting growth across conventional industries and highlighted the multiplier effect of infrastructure spending on overall investment" Sectors such as batteries, electric vehicles (EVs), and semiconductors are anticipated to drive funding demand in the coming year.

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