Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Magnetic toy sets linked to fatalities, CPSC issues safety alert

    December 9, 2023

    India gains edge in tech manufacturing with Apple’s latest move

    December 8, 2023

    Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

    December 2, 2023
    • Home
    • Contact Us
    Arab WebcastArab Webcast
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Arab WebcastArab Webcast
    Home » Indian economy to grow by 6.1 to 6.3 percent in Q2 – RBI
    Business

    Indian economy to grow by 6.1 to 6.3 percent in Q2 – RBI

    November 19, 2022
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Reserve Bank of India (RBI) said in its monthly bulletin that high frequency indicators and economic prediction models predict 6.1%-6.23% growth in the second quarter of the current financial year. “In 2022-23, India will grow at about 7% if this is realized,” the central bank predicted. The July-September quarter’s data will be released at the end of this month, according to Reuters.

    Indian economy to grow by 6.1 to 6.3 percent in Q2 - RBIInflation within the household sector is showing signs of easing, which indicates that despite formidable global headwinds, the macroeconomic outlook in the domestic economy is resilient, but vulnerable,” the RBI said. There are signs that urban demand has been robust, while rural demand has been muted, but has recently gained traction.

    Despite this, the central bank has warned that the global economy is still at risk, as global financial conditions tighten and deteriorating market liquidity exacerbates financial price movements due to tighter financial conditions.e increases in policy rates and risk-taking appetite has returned to the economy. In India, supply responses to economic stress are gaining strength,” the RBI added.

    Related Posts

    India gains edge in tech manufacturing with Apple’s latest move

    December 8, 2023

    Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

    December 2, 2023

    Dow surges to 2023 peak, propelling November’s stock market rally

    December 1, 2023

    Sony Interactive Entertainment to face $8 billion lawsuit over PlayStation Store pricing

    November 25, 2023

    Gold nears $2,000 as Fed rate hike pause boosts appeal

    November 22, 2023

    Bayer faces hefty $1.56 billion fine in Roundup cancer lawsuit

    November 20, 2023
    Editor's Pick

    Magnetic toy sets linked to fatalities, CPSC issues safety alert

    December 9, 2023

    India gains edge in tech manufacturing with Apple’s latest move

    December 8, 2023

    Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

    December 2, 2023

    New insights into natural remedies for heart health

    December 2, 2023

    Dow surges to 2023 peak, propelling November’s stock market rally

    December 1, 2023

    UAE and Mongolia strengthen ties with strategic agreements in Abu Dhabi

    December 1, 2023

    Triumph shakes up motocross with the powerful TF 250-X

    December 1, 2023

    Air Arabia broadens horizons with direct flights to Phuket

    November 29, 2023

    Etihad Airways elevates Grand Prix with spectacular 20th anniversary fly-past

    November 29, 2023
    © 2023 Arab Webcast | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.