evrimagaci.org on Nostr: India Faces Economic Hurdles As GDP Forecasts Drop ========== SBI lowers GDP growth ...
India Faces Economic Hurdles As GDP Forecasts Drop
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SBI lowers GDP growth estimate to 6.3% for FY25; RBI's projection is 6.6%; RBI revised its estimate from 7.2% on December 6, 2024; GDP growth averaged 6.05% in first two quarters of FY25; RBI plans to cut cash reserve ratio (CRR) by 50 basis points effective December 14 and December 28, 2024; inflation rate reported at 6.2%; SBI report indicates challenges in manufacturing sector; RBI Governor Shaktikanta Das emphasizes vigilance amid global protectionism; historical data shows RBI has routinely cut GDP growth projections; Nomura and Goldman Sachs also adjusted forecasts downward; CPI inflation projected at 4.8% for FY25.
#India #Gdp #Economy #Inflation #Rbi #Sbi #FinancialInstitutions #GrowthForecast #CashReserveRatio #Manufacturing
https://evrimagaci.org/tpg/india-faces-economic-hurdles-as-gdp-forecasts-drop-80435
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SBI lowers GDP growth estimate to 6.3% for FY25; RBI's projection is 6.6%; RBI revised its estimate from 7.2% on December 6, 2024; GDP growth averaged 6.05% in first two quarters of FY25; RBI plans to cut cash reserve ratio (CRR) by 50 basis points effective December 14 and December 28, 2024; inflation rate reported at 6.2%; SBI report indicates challenges in manufacturing sector; RBI Governor Shaktikanta Das emphasizes vigilance amid global protectionism; historical data shows RBI has routinely cut GDP growth projections; Nomura and Goldman Sachs also adjusted forecasts downward; CPI inflation projected at 4.8% for FY25.
#India #Gdp #Economy #Inflation #Rbi #Sbi #FinancialInstitutions #GrowthForecast #CashReserveRatio #Manufacturing
https://evrimagaci.org/tpg/india-faces-economic-hurdles-as-gdp-forecasts-drop-80435