After the elections, in June the new government will have to focus on Budget and think well beyond the first 100-day plan with specific measures to spur employment, revive rural.
Conditions shaping up for “trend upshift” in real GDP growth Extreme weather events may pose a risk to India’s inflation in the near-term, along with geopolitical tensions that could keep.
Elaborating on the rationale behind keeping the interest rate unchanged despite benign inflation outlook, Shaktikanta Das said, “The success in the disinflation process should not distract us from the vulnerability.
‘The economy has been held up by government investment, and the ongoing process of fiscal consolidation is gradually withdrawing that stimulus.’ The risks to the economy from flare-up in tensions.
India’s imports from China recorded a moderate growth of 3.29% to $ 101.75 billion in the last financial year. Even though China’s imports from the world declined last fiscal, India.
Ashima Goyal believes that banks tend to offer better interest rates for bulk corporate deposits that are not sticky. Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) external member,.
Costlier crude to inflate oil import bull by $3-bn, fertiliser subsidy by 5% The chances of Brent crude price touching $100-a-barrel in the backdrop of an escalation of the tensions.
According to the MeT department, El Niño conditions are likely to weaken further during the early part of the monsoon season. India is likely to witness ‘above normal’ monsoon this.
“This prediction bodes well for inflation since sticky food inflation has been a bane for the past two fiscals. After the sub-par growth in agriculture GVA in fiscal 2024, normal.
Experts and economists estimated FY25 inflation to average 4.5 per cent. The CPI-based inflation for the month of March eased to a five-month low of 4.85 per cent from 5.09.
