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RBI May bulletin: 1) A durable alignment with the 4% headline inflation target may re-commence only in the second half of the year and sustain till numbers closer to the target are sighted during the course of FY26. 2) GDP growth for Q1FY25 is likely to remain close to 7.5% 3) There is a growing optimism that India is on the cusp of a long-awaited economic take-off bolstered by rising aggregate demand and a pivot in personal consumption. 4) The outlook for the global economy is turning fragile as the descent of inflation is stalling.

23 Hours ago

India’s chief economic adviser V Anantha Nageswaran called on the industry to reciprocate the government's deregulation bid with concrete action on improving the quality of products and earning consumer trust. He further added that next-generation reforms are needed to transition from a lower-middle income to an upper-income country.

1 Days ago