Gdp Growth News

RBI retains GDP growth target at 9.5% in FY22: Governor Shaktikanta Das

RBI retains GDP growth target at 9.5% in FY22: Governor Shaktikanta Das

The Reserve Bank of India today retained GDP growth target at 9.5% today. “Consumption demand has been improving and rural demand is showing resilience. Urban demand has also shown signs of strengthening,” governor Shaktikanta Das said. The recent cut in petrol and diesel prices will also support demand, he said.

GDP to expand at 9.5% as growth impulses strong: RBI Governor Das

GDP to expand at 9.5% as growth impulses strong: RBI Governor Das

Stating that growth impulses and the fast-moving economic indicators are strong, Reserve Bank Governor Shaktikanta Das on Wednesday exuded confidence in the economy clipping at the projected 9.5 per cent growth this fiscal. Crediting the many measures taken by the government and the RBI for the faster-than-expected recovery so far,

S&P slashes India’s GDP growth forecast to 9.8% for this fiscal

S&P slashes India’s GDP growth forecast to 9.8% for this fiscal

S&P Global Ratings on Wednesday slashed India’s GDP growth forecast for the current financial year to 9.8 per cent saying the second COVID wave may derail the budding recovery in the economy and credit conditions. The US-based rating agency in March had a 11 per cent GDP growth forecast for