Risk of inflation-induced recession low in India Staff members of the Reserve Bank of India (RBI) said in a study report published that the chances of India getting trapped in stagflation are low. When inflation increases rapidly amidst slowdown in economic growth rate, that situation is called stagflation. A study by Dev Prasad Rath, Silu … Read more
The economy will accelerate in just three years The agency said that we are seeing India’s growth rate reaching seven percent in the financial year 2026-27. India is set to become the third largest economy by 2030 and we expect it to be the fastest growing economy in the next three years. India is currently … Read more
India GDP Growth: Due to better performance of agriculture and service sector, the country’s economic growth rate (GDP) has been 7.8 percent in the first quarter (April-June) of the current financial year 2023-24. This is the highest growth rate in the last four quarters. This information has been received from the official data released on … Read more
[ad_1] Mumbai : There is important news for those taking home loan, car loan and personal loan from government or private banks. Loans are likely to become costlier in April. According to media reports, in the first week of April, there will be a bi-monthly monetary review meeting of the Monetary Policy Committee (MPC) of … Read more