MUMBAI: Facing criticism from the government over the central bank prioritizing inflation over growth, the new RBI governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in the foreword to the Financial Stability Report.
He further said that despite the global uncertainties, the Indian economy is expected to pick up pace in the second half of the current financial year.
هذه القصة مأخوذة من طبعة December 31, 2024 من Hindustan Times Jammu.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 31, 2024 من Hindustan Times Jammu.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
PCB Moves ODI Series to Lahore, Karachi; Denies Delay in CT Work
The Pakistan Cricket Board on Wednesday moved the ODI tri-series, also involving South Africa and New Zealand, from Multan to Karachi and Lahore, dismissing the talks about a delay in renovation work at those venues ahead of next month's Champions Trophy.
Pat Cummins, the pace ace driving Oz success story
Knack for wickets, unparalleled control and a never-say-die attitude for which Glenn McGrath will be revered as possibly the greatest Australian fast bowler in the last four decades.
Indian hockey players bonding with the best in relaunched HIL
Skipper Sumit Walmiki and Australian Tim Brand walked to the dugout, shared a laugh and high-fived after Hyderabad Toofans' practice.
Shooter Tomar Finds Fresh High After Domestic Double
Varun Tomar's dream of representing India at the Paris Olympics was crushed when he lost in the domestic selection trials to pick the final squad.
India's uber-rich go well beyond the will
Succession planning among India's wealthy is a subject that extends far beyond simply naming heirs and dividing assets.
India Cuts November Gold Imports by Record $5 Billion
November Gold Imports Totaled $9.84 Billion, Down From the Earlier Estimate of $14.8 Billion Published Last Month
Vedanta chairman acquires London's Riverside studio
The founder and chairman of Vedanta Group Anil Agarwal is the new owner of the iconic Riverside Studio in London, announced a press release on Wednesday.
MFI portfolio declines, bad assets spike in Sep quarter
Microlending outstanding in the system reduced 4.3% to ₹4.14 lakh crore in the September quarter as lenders adopted a cautious stance amid deteriorating asset quality, a report said on Wednesday.
BP Wins Bid to Operate ONGC's Mumbai High Fields
UK's BP Plc won a bid for ONGC's giant Mumbai High oil and gas field, offering to raise crude oil production by 44% and natural gas by a staggering 89% over a 10-year period, potentially changing the fortunes of the vintage field.
Govt To Simplify Decades-Old Income Tax Filing Rules In Budget
India's government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law and help cut down on disputes that have ballooned to more than $120 billion over the past decade.
