Speaking at the fireside chat at the India Credit Forum event in Mumbai by Bloomberg, Governor Das warned against any premature interest rate cuts when inflation risk is still there. RBI still maintains a growth forecast of 7.2 per cent for FY25 and expecting the inflation to moderate by November.
"We are not behind the curve. Indian growth story remains intact. India is poised to grow at 7.2 per cent. Growth is steady and resilient, inflation is moderating with certain risk, so a rate cut at this point will be premature and very, very risky," Das said While inflation is expected to moderate, Governor Das also said that there are 'significant risks' to the growth outlook.
During the October monetary policy announcement, RBI had maintained the status quo on rate and changed stance to 'Neutral' from 'Withdrawal of Accommodation.' "There can be differences of opinion, but the broad expectations of the market are quite aligned with our policies," he said, countering criticisms that the RBI may be behind the curve in managing the economic outlook.
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Diese Geschichte stammt aus der October 20, 2024-Ausgabe von The Business Guardian.
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Fitness Influencers Rohit Dalal, Akshay Dilawari Join AAP
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![Kerala High Court: Quashing Of Serious Offence To Efface Evidence Already Recorded Cannot Be Done Even At Instance Of Survivor [POSCO Act]](https://reseuro.magzter.com/100x125/articles/26854/1941485/3Dir29po62bcaaKmtxZsys/KERALA-HIGH-COURT-QUASHING-OF-SERIOUS-OFFENCE-TO-EFFACE-EVIDENCE-ALREADY-RECORDED-CANNOT-BE-DONE-EVEN-AT-INSTANCE-OF-SURVIVOR-POSCO-ACT.jpg "Kerala High Court: Quashing Of Serious Offence To Efface Evidence Already Recorded Cannot Be Done Even At Instance Of Survivor [POSCO Act]")
Kerala High Court: Quashing Of Serious Offence To Efface Evidence Already Recorded Cannot Be Done Even At Instance Of Survivor [POSCO Act]
The Kerala High Court in the case xxx v State and Another observed and has dismissed the petition filed by a victim of POCSO offence to quash the proceedings saying that serious offences are involved and the trial had reached at the end stage.
Punjab And Haryana High Court: POSCO Act Being Enacted Subsequently Will Prevail Over SC/ST Act In
Adding to it, the court stated that when there being a conflict between the provisions of two special enactments, it is trite that the provisions of the latter of the two enactments will prevail and since the POCSO Act is a subsequent enactment, therefore, its provisions will prevail over the SC/ST Act.
Madras High Court Grants Interim Bail To Temple Activist, Asks Him To Refrain From Making Objectionable Comments Against Women
The Madras High Court in the case Rangarajan Narasimhan v State of Tamil Nadu observed and has granted bail to temple activist Rangarajan Narasimham for allegedly making derogatory comments against a woman on social media.
Orissa High Court: Dispute Related To Infringement Of Copyright Is Arbitrable, Arbitrator Can Be Appointed Under Section 11 Of Arbitration Act
The Other party opposed the application which being on the ground that the dispute as evident from the petitioner's notice seeking the appointment of an Arbitrator regards to infringement of copyright which is non-arbitrable.
