Repo debate: Cheaper credit doesn’t always spell faster GDP growth

This is different from the stance RBI took during the pandemic, which was to do everything to protect growth. But that was a black swan event, and using the same logic today, when the economy is cruising along well after registering a high growth rate of 8.2% in 2023-24, may be misplaced. Conceptually, when interest … Read more

India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief

India is moving ahead towards 8% GDP growth in a sustained manner, said RBI chief. (File) Mumbai: India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of … Read more