Section

RBI's rosy growth forecast baffles economists

By Economic Times - 6 days ago
The Reserve Bank of India (RBI) maintains a positive growth forecast for India's economy, predicting a 7.2% expansion for the year ending March 2025. This is significantly higher than the government's projection of 6.5%-7% and investment banks like Goldman Sachs, which have lowered their estimates to 6.5%. The RBI attributes its optimistic outlook to improving rural spending and private investment, despite concerns over sluggish urban consumption and declining exports.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.