Indian economy is recovering from slowdown witnessed in July-September quarter: RBI
The Statesman Bhubaneswar|December 25, 2024
High frequency indicators for the third quarter of 2024-25 (October-December) indicate that the Indian economy is recovering from the slowdown in momentum witnessed in July-September, driven by strong festival activity and a sustained upswing in rural demand, Reserve Bank of India (RBI) said on Tuesday.
AGENCIES

In the monthly RBI bulletin released today, the RBI said that the prospects for agriculture and hence rural consumption are looking up with brisk expansion of rabi sowing. Headline CPI inflation also somewhat moderated in November to 5.5 per cent on the back of easing food prices.

The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25. The quarterly growth was quite lower than RBI's forecast of 7 per cent. In the April-June quarter too, India's GDP grew at a slower pace than was estimated by its central bank.

Denne historien er fra December 25, 2024-utgaven av The Statesman Bhubaneswar.

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 25, 2024-utgaven av The Statesman Bhubaneswar.

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 THE STATESMAN BHUBANESWARSe alt
The Statesman Bhubaneswar

'Energy is very good': Sundar on team's mood after final session

India's mini batting collapse at the end of the second day's play that saw the dismissals of the set pair of Yashasvi Jaiswal and Virat Kohli, could be the turnaround the Australians wanted to go 2-1 up in the Border-Gavaskar series, but India's off-spinning all-rounder Washington Sundar believes that the tourists will bounce back strongly despite losing half their side at the MCG on Friday.

time-read
2 mins  |
December 28, 2024
The Statesman Bhubaneswar

Smith rewrites record books with 5th Boxing Day Test ton, continues domination vs India

Australian star Steve Smith continued to find his way back into consistent runs as he slammed a record-breaking century against India during the Boxing Day Test at the Melbourne Cricket Ground (MCG), continuing his love affair with the venue and the World Test Championship (WTC) 2023 runners-up.

time-read
2 mins  |
December 28, 2024
The Statesman Bhubaneswar

BGT: Kohli-Jaiswal mix-up derails strong Indian response on Day 2

Horrendous faux pas denies Yashasvi Jaiswal a possible century as visitors struggle in first innings

time-read
3 mins  |
December 28, 2024
The Statesman Bhubaneswar

India Ride Deepti's All-Round Show to Floor West Indies

The Indian women's team rode on star all-rounder Deepti Sharma's heroics with the ball to wrap up their 3-0 ODI series win against the West Indies at the Kotambi Stadium in Vadodara.

time-read
1 min  |
December 28, 2024
The Statesman Bhubaneswar

Bumrah bowls most expensive spell of Test career at MCG

In a rare bad day at work, Indian pace spearhead Jasprit Bumrah delivered the most expensive over of his Test career during the second day of the fourth Test against Australia at Melbourne Cricket Ground (MCG) on Friday.

time-read
1 min  |
December 28, 2024
The Statesman Bhubaneswar

East Bengal meet Hyderabad FC in battle of strugglers

East Bengal FC will aim to continue their recent run of good form when they take on struggling Hyderabad FC in an Indian Super League (ISL) clash at the G.M.C Balayogi Athletic Stadium on Saturday.

time-read
1 min  |
December 28, 2024
The Statesman Bhubaneswar

Goalkeeper Pathak Wants to Use HIL as Stepping Stone for International Glory

As he gears up for the Hockey India League (HIL) starting in Rourkela on Saturday, India's international goalkeeper Krishan Pathak has one mission -- to establish himself as India's best-ever goalkeeper and represent the country in the Olympics.

time-read
1 min  |
December 28, 2024
The Statesman Bhubaneswar

PKL 11: Clinical Haryana Steelers struggle hard to beat UP Yoddhas, clinch berth in final

Shivam Patare, Vinay, Rahul, and Mohammadreza Shadloui played the starring roles as the Haryana Steelers showed nerves of steel and secured their berth in the final of the Season 11 of the Pro Kabaddi League, with a narrow 28-25 victory at the Shree Shiv Chhatrapati Sports Complex, here on Friday.

time-read
1 min  |
December 28, 2024
The Statesman Bhubaneswar

Premier League: Leaders Liverpool continue winning run; nightmare continues for Manchester City, Man United

Erling Haaland's failure from the penalty spot and Bruno Fernandes' latest red card compounded the woes of Manchester City and Manchester United on another tough day for the two Premier League giants.

time-read
3 mins  |
December 28, 2024
The Statesman Bhubaneswar

ISL: Bengaluru FC take on Chennaiyin FC, aim to reduce gap with Mohun Bagan

Currently in second place on the points table, former champions aim to catch up with top-placed Kolkata Giants

time-read
2 mins  |
December 28, 2024