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RBI MPC: Central Bank Slashes FY25 GDP Growth Forecast To 6.6% Amid Economic Slowdown
The Reserve Bank of India (RBI) on Friday revised its growth forecast for the current fiscal year, reducing it to 6.6 per cent from the earlier projection of 7.2 per cent. The inflation forecast was also raised to 4.
‘RBI Cuts GDP Growth Forecast For FY25 To 6.6% From 7.2%’, Announces Governor Shaktikanta Das
RBI lowers India's GDP growth forecast for FY25 to 6.6% from 7.2%, citing weak industrial growth and inflationary pressures.
RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
Terming the growth much lower-than-anticipated, RBI Governor Shaktikanta Das exuded confidence that high-frequency indicators available so far suggest that the slowdown in domestic economic activity bottomed out in Q2:2024-25.
RBI MPC GDP Growth Update: FY25 forecast cut to 6.6%; Governor says Eco 'bottomed out' in Q2
The decision to revise the GDP growth projections lower came after India's GDP growth for the September period fell to the lowest level in seven quarters.
RBI slashes GDP growth forecast to 6.6% for FY25; Das says slowdown bottomed out in Q2
RBI governor Shaktikanta Das says the slowdown in domestic economic activity bottomed out in the second quarter of this year.
Is the Economy Slowing Down? RBI Slashes GDP Growth Forecast For FY25 From 7.2% To 6.6%
The Reserve Bank of India (RBI) has revised its GDP growth forecast for FY25 to 6.6%, down from 7.2%. Projections for Q3 FY25 and Q4 FY25 have been lowered to 6.8% and 7.2%, respectively. The Q1 FY26 estimate was also reduced to 6.
RBI MPC announcements: Gov Shaktikanta Das lowers GDP growth rate for 2024-25 to 6.6% from 7.2%
GDP of 5.4 per cent in Q2 turned out to be much lower than expected, said Shaktikanta Das, driven by weaknesses in the manufacturing sector.
1d
Core & Main: Demand Outlook For FY25 Is Positive
Core & Main's 3Q24 revenue and adjusted EBITDA beat consensus, driven by acquisitions and volume growth. Find out why CNM ...
1h
RBI raises retail inflation estimate for FY25 to 4.8% amid rising food prices
RBI has raised its retail inflation estimate for FY25 to 4.8%, up from 4.5%, due to persistent food price inflation. It has ...
Press Trust of India on MSN
20m
RBI sharply cuts GDP growth forecast to 6.6% for FY25
Mumbai, Dec 6 (PTI) The Reserve Bank on Friday significantly lowered the growth projection for current fiscal year to 6.6 per ...
LIVE
1h
RBI Monetary Policy Meeting LIVE: Growth in H2 looks better than H1 of FY25, says RBI Governor Shaktikanta Das
The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and ...
Swarajya
3h
RBI Keeps Repo Rate Unchanged At 6.5 Per Cent, Cuts CRR By 50 Basis Points To 4 Per Cent; FY25 Growth Target Lowered To 6.6 Per Cent
The six-member Monetary Policy Committee (MPC) led by RBI Governor has decided to keep the benchmark repo rate unchanged at 6 ...
2h
RBI raises inflation outlook to 4.8% for FY25
RBI Governor Shaktikanta Das reports on rising inflation, unchanged repo rate, and future inflation projections for India.
19h
Signet Jewelers Shares Tumble 15% on 3Q Sales Decline, FY25 Outlook
Signet Jewelers shares tumbled 15% in premarket trading following lower sales in its latest quarter and a revised outlook for the fiscal year. Shares were trading around $84.44. The stock is down 8% ...
2h
RBI MPC Outcome: RBI Revises FY25 CPI Inflation Forecast Higher To 4.8%, Cites Food Inflation Pressure
The Reserve Bank of India (RBI) has raised its Consumer Price Inflation (CPI) forecast for the financial year 2025 to 4.8%, ...
3h
RBI MPC: Inflation remains a key concern, Das expects relief in Q4 FY25
The RBI Governor Shaktikanta Das in his MPC announcement said that factors like frequent weather disruptions, geopolitical ...
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