Reserve Financial institution Governor Shaktikanta Das on Friday mentioned India has been build up gold reserves as a part of its foreign exchange deployment. Additionally learn:RBI’s foreign exchange reserves build-up results in an enormous $64.182 billion accretion in FY24 to this point “We’re build up gold reserves that is part of our reserve deployment,” Das … Read more
The Reserve Financial institution on Friday stated that meals value uncertainties will proceed to weigh on the inflation trajectory going ahead, even because it retained 4.5 per cent retail inflation projection for the present fiscal. Additionally learn: RBI to permit UPI funds from PPI wallets through third-party apps; could profit Paytm In its first bi-monthly … Read more
[ad_1] NEW DELHI – Morgan Stanley has reduced its forecast for India’s GDP growth the current financial year and the next, citing a slowdown in global growth, higher commodity prices, and potential risk aversion in global capital markets as key growth risks. “Against this backdrop, we lower our forecasts of India’s GDP growth to 7.6% … Read more