Reserve Bank Governor Shaktikanta Das on Wednesday said the incoming data on economic growth is "mixed", but the positive factors outweigh the negative ones.
Speaking at Business Standard's annual BFSI event here, Das stressed that the underlying economic activity by and large remains strong.
"Data which is coming in is mixed but the positives outweigh the negatives and by and large underlying activities remain strong," Das said.
It can be noted that many analysts have been voicing concerns about growth, especially after official data showed growth slowing to a 15-quarter low of 6.7 per cent in the first quarter of FY25. The RBI, however, has been holding onto its estimate of 7.2 per cent real GDP growth for FY25, even as some expect it to be lower than 7 per cent.
Esta historia es de la edición New Delhi 07November2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición New Delhi 07November2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Sometimes cinema can be closer to poetry than prose
Filmmaker Payal Kapadia opens up about her film 'All We Imagine As Light'
Winds' of change
CLIMATE CHANGE SERIES
A FICTIONAL CANVAS OF HISTORIC PAST
The novel Swallowing the Sun’ by Laxmi Murdeshwar Puri explores pre-Independence India’s societal complexities through Madhav Rao’s struggle for women’s education, Malati’s sacrifices, Gandhian ideals, and deeply entrenched patriarchy. The book masterfully intertwines love, politics, and cultural tensions within a vivid historical narrative
ΑΙ FOR ALL
UNESCO, IT ministry host stakeholder consultation on safety, ethics in AI with the underlying objective to identify strengths and growth opportunities within India's ecosystem across various sectors
Solutions beyond subsidies
The problem of stubble burning is zoorsened by delays in government interventions, incoherent agricultural practices, lack of comprehensive support for farmers, ancl insu]7icient adoption of feasible alternatives. While solutions to tlie problem exist, farmers need tlie riglit incentives to move azoay from stubble burning
Apathy Or strategy?
Manipuris deep-rooted, Iiery ethnic conflict-fuelled by apparent government inaction-is escalating amidst demands for autonomy, strained relations among communities, and tlle Centres reluctance to interoene for peace
Murray to coach Djoker in Australian Open
Recently retired Andy Murray will team up with Novak Djokovic, working with him as a coach through the Australian Open in January.
Chelsea avoid blues; Kane gets to 50-goal mark in style
Hat-trick hero fastest to reach mark in Bundesliga
Gukesh hopes to make right moves against Liren
WORLD CHESS CHAMPIONSHIP
Distance runner Gulveer wins gold, rewrites NR
NEW DELHI: Asian Games bronze medallist Gulveer Singh on Saturday bettered his own national record in the 10,000 metres race while winning gold in the 2024 Hachioji Long Distance meet in Japan.
