Rising confidence to fuel economy in 2025: RBI governor
Hindustan Times Gurugram|December 31, 2024
Prospects for the Indian economy are expected to improve in 2025 thanks to high consumer and business confidence, Reserve Bank of India (RBI) governor Sanjay Malhotra said in his foreword to the Financial Stability Report, which pegged the real GDP growth for the current fiscal year at 6.6%.
Gopika Gopakumar

MUMBAI:

In the bi-annual report released on Monday, Malhotra said that despite global uncertainties, the Indian economy is expected to pick up in the second half of the current fiscal. "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," said Malhotra, who took over as the central bank's 26th governor earlier this month.

"Consumer and business confidence for the year ahead remain high and the investment scenario is brighter as corporations step into 2025 with robust balance sheets and high profitability," he added.

Denne historien er fra December 31, 2024-utgaven av Hindustan Times Gurugram.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 31, 2024-utgaven av Hindustan Times Gurugram.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HINDUSTAN TIMES GURUGRAMSe alt
Hindustan Times Gurugram

A taste of international flavours, right at home

If you've ever wanted to bring the sophistication of international flavours to your home, Amul Edam Cheese is the perfect addition to your kitchen. Originating from the charming village of Edam in the Netherlands, this cheese has the essence of gourmet indulgence, now made locally in India, offering you a premium experience at an accessible price. Amul Edam Cheese is made with just the finest milk that comes in a convenient 250g pack, ensuring a pure, authentic taste. Its

time-read
1 min  |
January 18, 2025
Hindustan Times Gurugram

Side-stepping NEET issues

The refusal to shift the entrance test to online mode is baffling, considering the crisis last year

time-read
2 mins  |
January 18, 2025
Hindustan Times Gurugram

Shami set for ODI return, Bumrah yet to recover fully

Australia have made only three changes to their 2023 ODI World Cup-winning squad for the upcoming Champions Trophy, two of them forced due to retirement and injury.

time-read
2 mins  |
January 18, 2025
Hindustan Times Gurugram

Young Kartik hopes to live his dream of playing IS at home

After a good showing at Bonallack Trophy, the 15-year-old has got a spot in the International Series event in Gurugram

time-read
3 mins  |
January 18, 2025
Hindustan Times Gurugram

PM to Distribute 6.5 Million Property Cards Under SVAMITVA Scheme

Prime Minister Narendra Modi will on Saturday preside over the distribution of 6.5 million property cards under the SVAMITVA scheme to beneficiaries from over 50,000 villages across 12 states and Union territories, officials from the ministry of Panchayati Raj (MoPR) said.

time-read
1 min  |
January 18, 2025
Hindustan Times Gurugram

MHA, Kuki-Zo Body Hold Talks in Capital

This Is the First Time the Kuki-Zo Council, an Apex Body of the Community, Met With Officials From the MHA

time-read
1 min  |
January 18, 2025
Hindustan Times Gurugram

In Delhi, there is a double 'act of fraud': Cong slams AAP and BJP

Chairman of the media and publicity department of All India Congress Committee (AICC) Pawan Khera on Friday said that the five guarantees announced by the Delhi Congress will be approved in the first cabinet meeting if the party is voted to power.

time-read
1 min  |
January 18, 2025
Hindustan Times Gurugram

8-Year Jail for Indian National for Attempting to Attack White House

Indian national Sai Varshith Kandula, 20, on Thursday was sentenced to eight years for an attempted attack on the White House with a rented truck on May 22, 2023.

time-read
1 min  |
January 18, 2025
Hindustan Times Gurugram

Repeatedly seeking adjournment is ED's propaganda, Kejriwal tells HC

(ED) can't keep it pending. There is an impending election. Why should a sword be hanging over him (Kejriwal)? VIKRAM CHAUDHARI, Kejriwal's counsel

time-read
2 mins  |
January 18, 2025
Hindustan Times Gurugram

50% Vote in Delhi's first ever legislative assembly elections

HT's report on the day around 350k people in the city cast their ballot for its first House

time-read
3 mins  |
January 18, 2025