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.
This story is from the December 31, 2024 edition of Hindustan Times Haryana.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 31, 2024 edition of Hindustan Times Haryana.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
In EPL, Santo Gets Forest Out of the Woods
Nottingham Forest have begun 2025 in contention for a Champions League spot.
Sports Ministry, IOA Back Different Set of IGU Officials
The sports ministry has given its stamp of approval for the Indian Golf Union (IGU) election with Brijender Singh as president and Satish Kumar Sharma as secretary.
Seniors, head coach under BCCI scanner after debacle at MCG
IF ROHIT SHARMA DOES INDEED MOVE ON FROM TEST CRICKET, VICE-CAPTAIN JASPRIT BUMRAH APPEARS SET TO BE APPOINTED NEXT INDIA CAPTAIN
Without Bumrah, series would've been one-sided
Aussie pace great McGrath lauds India spearhead who has been a one-man force with 30 wickets in the four Test matches yet
Teen golfer Avani set for LET with a new mindset
Charting the course
Carlsen shares World Blitz title with Nepomniachtchi
World No.1 sealed pact with Russian after 7 games in the final to share a global title for the first time
Slow sales cloud $500-bn goal for local electronics
India's cooling consumer electronics market has put a question mark on its lofty aim to achieve annual revenue of $500 billion from electronics manufacturing.
Commercial LPG, ATF prices cut for first time in 6 months
In a New Year gift to the people, government-owned oil marketing companies (OMC) reduced prices of commercial cooking gas for the first time in six months on Wednesday with immediate effect.
Air India Plans To Expand In 2025, Says CEO Campbell Wilson
Air India's chief executive officer Campbell Wilson in an internal mail on Wednesday announced that the airline has expansion plans in 2025 and that it is set to grow remarkably in the years to come.
Rupee fall exacts a quiet toll on FPI investments
The steady slide of the rupee against the dollar has significantly hit the dollar returns of foreign portfolio investors (FPIs) in India, despite the local currency being among global currencies least affected by a stronger greenback.
