rabi sowing

RBI tasks GDP to develop 7% in FY25; CPI inflation at 5.4%

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The Reserve Financial institution of India (RBI) has projected FY25 GDP progress and CPI inflation at 7.0 per cent and 5.4 per cent, respectively. Additionally learn: MPC leaves repo charge unchanged at 6.50% in its final assembly of FY24 Governor Shaktikanta Das stated: “Wanting forward, restoration in rabi sowing, sustained profitability in manufacturing and underlying resilience of … Read more

Retail inflation might have peaked, however concern of provide shocks persists

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Celebration of Lohri, Pongal, Makar Villaku, Uttaryan, Makar Sankranti, and Bihu to mark the arrival of recent crops can also be anticipated to carry excellent news on the retail inflation infront. Although the arrival of recent crops is more likely to cool the retail inflation based mostly on Shopper Value Index (CPI) from its peak, … Read more