Fri, Apr 05, 2024
The RBI Governor says that real GDP growth for FY25 is expected to be at 7 per cent. The GDP growth is expected to be 7.1 per cent in Q1, 6.9 per cent in Q2, and 7.0 per cent in Q3 and Q4 each, said Das after the MPC meeting. Das said that CPI inflation in FY25 is expected to stay at 4.5 per cent. CPI inflation in April–June 2024 (FY25 Q1) is expected to fall to 4.9 per cent from the earlier estimate of 5.0 per cent.
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RBI MPC April Policy Meet: The central bank continued with its stance of 'withdrawal of accommodation'. This policy stance means that the country’s financial system will resort to reducing the money supply, which will rein in inflation further.
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