
RBI cuts development forecast to six.6 per cent, revises inflation estimate to 4.8 per cent for FY25 – India TV
Picture Supply : X/@RBI RBI Governor Shaktikanta Das. The Reserve Financial institution of India (RBI) on Friday slashed its development projection for the present fiscal yr 2024-25 to six.6 per cent from its earlier estimate of seven.2 per cent, citing a slowdown in financial exercise and chronic excessive meals costs. Inflation projections have additionally been…