MUMBAI: Facing criticism from the government over the central bank prioritising 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, the systemic stability," Malhotra said in the foreword to the Financial Stability Report.
He further said that despite the global uncertainties Indian economy is expected to pick up pace in the second half of the current financial year.
"Notwithstanding the uncertainties shrouding the global macro-financial ethos as it unfolds, prospects for the Indian economy are expected to improve after the slowdown in the pace of economic activity in the first half of 2024-25.
Diese Geschichte stammt aus der Kolkata 31 December 2024-Ausgabe von Millennium Post Kolkata.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der Kolkata 31 December 2024-Ausgabe von Millennium Post Kolkata.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
At the transit point
Standing true to its legacy of delivering unbound exuberance, the Australian Open is producing exciting stories for fans—filled with shocks and surprises.
Fire and fury
The LA wildfires showcase the grim reality of living in an overheated world where natural disasters are twice as unforgiving
Mayor junks BJP's barb of arbitrary regularisation of illegal construction
FOR A BUILDING AT 497 SANTOSHPUR AVENUE
HSBC gets RBI nod to open 20 new branches
HSBC India on Friday announced that it has received Reserve Bank of India's approval to open 20 new bank branches in key cities.
Malda: 2 families to get over Rs 10L compensation for 'med negligence'
In two recent separate cases of medical negligence, the District Consumer Dispute Redressal Commission (DCDRC), Malda has ordered significant financial compensation for victims who suffered due to medical errors worth more than Rs 10 lakh combined.
State to issue circular of requisites for building lifting work in municipal areas
KMC plans rehabilitation for Vidyasagar Colony building residents
Cal HC aids 50% disabled student in sitting for NEET exams; SSKM Kolkata directed to reassess his functional ability
To help him sit in the NEET exams for fulfilling his dreams of pursuing a medical career, the Calcutta High Court directed the state to get the functional ability of a student with 50 per cent disability reassessed at the IPGME&R (SSKM Hospital) which initially had issued a faulty certificate.
Kartik Aaryan Has a 'Love-Hate Relationship' with Karan Johar
The duo announced they would work together on 'Dostana 2' in 2019, but the partnership fell through
Secondary Edu Board increases committee members for smooth conduct of Madhyamik
To ensure the seamless conduct of the 2025 Madhyamik examinations, the West Bengal Board of Secondary Education has significantly increased the number of members in three key committees.
Para-athletes steal show as President gives away honours
NATIONAL SPORTS AWARDS
