“US economy has been doing well. One can’t rush to a conclusion based on one month of unemployment data,” Das told reporters on being asked how he looked at the US recession fears that have emanated after the recent weak unemployment in the US.
Das said it would be “premature” to talk about the recession in the US.
From the RBI’s point of view, the Governor added they will be watchful of all incoming data -- both from domestic and external fronts.
He reiterated that one cannot forecast the possibility of a slowdown or a recession based on one month’s unemployment data. He added one has to wait and see other data emerging from the US.
Esta historia es de la edición August 09, 2024 de The Business Guardian.
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 August 09, 2024 de The Business Guardian.
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
Manipur Lifts Internet Ban After Six Days
On Monday, the Manipur government announced the restoration of internet and mobile data services across several districts in the state, following a review of the current law and order situation.
Banks And Fis To Invest Rs 32.5 Trillion In Renewable Energy By 2030: Centre
Larious eading banks and various financial institutions have committed close to $386 billion (Rs 32.45 trillion) investment in development of renewable energy projects by 2030, Union minister of new and renewable energy (MNRE) Pralhad Joshisaid on Monday.
Ball in BJP's court to hold early polls in Delhi: AAP
The ruling Aam Aadmi Party on Monday said it has put the ball in BJP's court by demanding early elections in Delhi in November, and now it is up to the opposition party to decide whether it was prepared to face CM Arvind Kejriwal.
IndiGo issues apology after Ranchi-Delhi flight cancelled
IndiGo Airlines issued an apology after passengers of a flight from Ranchi to Delhi were held up for two hours inside the aircraft after the filight was delayed due to a technical issue.
Kejriwal holds one on one meeting
AAP convener Arvind Kejriwal on Monday held \"one on one\" meeting with party leaders during the Political Affairs Committee over the name of a new Delhi chief minister.
From Innovator to Influencer: How Rayan Malhotra is Leading India's Fintech Revolution
In the ever-evolving world of startups and innovation, Rayan Malhotra stands as a beacon of entrepreneurial spirit and fintech disruption.
No water supply in parts of south Delhi for 12 hours
Water supply in parts of south Delhi will be stopped for 12 hours on September 18 due to some maintenance work, the Delhi Jal Board said in a statement.
Umbrashield - The Future of Sun Protection with Style and Innovation
In today's world, sun protection has become more than just a necessity-it's a lifestyle choice.
Next generation at Brand Realty Group to focus on land investments
Brand Realty Group headed by IIT Alumunus, Mr.Kamal Manchanda, has been active in Real Estate for over 25 years. Sahil Manchanda, son of Mr. Kamal Manchanda and Varun Pahwa, a close relative of Mr. Kamal Manchanda have recently joined the business.
Major revamp of Delhi's interstate bus terminals underway
All three interstate bus terminals in Delhi are undergoing major makeover after Lieutenant Governor VK Saxena expressed dissatisfaction at the public amenities and infrastructure and instructed for its redressal, Raj Niwas officials said on Monday.
