The growth slowdown is due to a multiplicity of factors, and not due to the Reserve Bank's repo rate, outgoing Governor Shaktikanta Das said on Tuesday.
Addressing a press conference on his last day at work, Das said restoring the growth-inflation balance is the most important task ahead for the Reserve Bank of India (RBI).
The six years during which Das was the RBI governor included the Covid period and major geopolitical upheavals like the wars in Ukraine and the Middle East.
The RBI has chosen to maintain interest rates at elevated levels for nearly two years, with the Das-headed Monetary Policy Committee (MPC) opting for a status quo at 11 consecutive meetings.
Denne historien er fra December 11, 2024-utgaven av The Daily Guardian.
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Denne historien er fra December 11, 2024-utgaven av The Daily Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Gold reclaims Rs 80,000-mark
The precious metal of 99.9% purity jumped Rs 620 to touch three-week high of Rs 80,400
Logistics cost can be cut to 9%: Gadkari
Union Minister for Road Transport and Highways, Nitin Gadkari on Tuesday said that changes in the cost of fuel and road can bring the logistics cost to nine per cent.
Budget may address duty anomalies in aluminium
The government is likely to consider addressing the issue of inverted duty structure for certain products in sectors like aluminium in the forthcoming Budget to boost domestic manufacturing, an official said.
Nifty 50 net profit may grow by 16.3% in FY26: Kotak
The report outlined a steady growth trajectory for the index, following a decent 20.3 per cent earnings growth in FY24.
NEW RBI GUV LISTS POLICY CONTINUITY AND INCLUSION AS PRIORITIES
Sanjay Malhotra recognises commendable work carried out by central bank
Retail investors help stabilise market
the ecosystem has done an excellent job of attracting new participants to the capital formation cycle
Laptop imports may need new authorisation
The DGFT has notified the IMS \"for import of restricted IT hardware for the calendar year 2025
Rupee plunges to all-time low of 84.87 in early trade
A bounce back in the US dollar from earlier lows also weighed on the rupee
Fire breaks out at banquet hall in Shastri Park
A massive fire broke out at a banquet hall in Delhi's Shastri Park area on Wednesday evening.
Woman kept under 'digital arrest' for 5 hours
Cyber criminals allegedly duped a woman of Rs 1.40 lakh by keeping her under 'digital arrest' for five hours in Noida.
