Shaktikanta Das Indian Economy

Das said the increased use of digital payments brought about by Covid-19 can fuel a rise in digital lending in the current decade as companies accumulate consumer data and enhance credit analytics.

"Our preliminary analysis shows that the growth rate next year, that is, at 10.5 per cent, which we had given, would not require a downward revision," said Shaktikanta Das

The Reserve Bank of India kept rates steady and reiterated that it will continue to support the recovering economy by ensuring ample rupee liquidity in the banking system

India's gross domestic product (GDP) will grow at 10.5 per cent in FY22 as the economy is bouncing back from a low base after this pandemic stricken year, Reserve Bank of India (RBI) Governor Shaktikanta Das said and exuded confidence that the Indian economy is poised to move only in one direction - upwards. "It is our strong conviction backed by f...

Naturally when we are recovering from a massive damage which pandemic has brought on the Indian economic, the budget has to be growth oriented.

Indian Economy Recovery: RBI Governor Shaktikanta Das said the central bank stands "battle-ready" to take any measures needed to ensure liquidity in the financial system and revive the economy.

Reserve Bank of India (RBI) Governor Shaktikanta Das will address the media at 10:00 am. The press briefing will take place days after Finance Minister Nirmala Sitharaman gave details of the Rs 20 lakh crore economic relief package announced by Prime Minister Narendra Modito help the economy recover from the shocks linked to the coronavirus pandemi...

A career central banker, 59-year-old Mr Patra is currently executive director in charge of the RBI's research department and has a seat on the six-member Monetary Policy Committee.

He said for the first quarter, the RBI analysis showed growth to be at 5.8 per cent and all the surveys it did also projected growth to be in the range of 5.5-5.8 per cent but the final print was much lower.

Mr Das said the monetary policy committee would continue to focus on growth with inflation expected to stay within the medium term target.

Mr Das underscored the risks facing emerging market economies such as a India as global growth and trade weaken.

Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy -- whose growth slowed in the three months through September. Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of ...

"For this year's GDP growth, we have to wait till March-end. But next year, it will be upwards of 7 per cent," Shaktikanta Das said.

Finance Ministry on Tuesday promised to look into some taxation issues raised by foreign investors as also certain suggestions made by them in order to attract more investments into the Indian market.

The impact of the Narendra Modi government's reforms is beginning to be felt now, taking India closer to eight per cent growth this fiscal, a top finance ministry official said.

Das said the increased use of digital payments brought about by Covid-19 can fuel a rise in digital lending in the current decade as companies accumulate consumer data and enhance credit analytics.

"Our preliminary analysis shows that the growth rate next year, that is, at 10.5 per cent, which we had given, would not require a downward revision," said Shaktikanta Das

The Reserve Bank of India kept rates steady and reiterated that it will continue to support the recovering economy by ensuring ample rupee liquidity in the banking system

India's gross domestic product (GDP) will grow at 10.5 per cent in FY22 as the economy is bouncing back from a low base after this pandemic stricken year, Reserve Bank of India (RBI) Governor Shaktikanta Das said and exuded confidence that the Indian economy is poised to move only in one direction - upwards. "It is our strong conviction backed by f...

Naturally when we are recovering from a massive damage which pandemic has brought on the Indian economic, the budget has to be growth oriented.

Indian Economy Recovery: RBI Governor Shaktikanta Das said the central bank stands "battle-ready" to take any measures needed to ensure liquidity in the financial system and revive the economy.

Reserve Bank of India (RBI) Governor Shaktikanta Das will address the media at 10:00 am. The press briefing will take place days after Finance Minister Nirmala Sitharaman gave details of the Rs 20 lakh crore economic relief package announced by Prime Minister Narendra Modito help the economy recover from the shocks linked to the coronavirus pandemi...

A career central banker, 59-year-old Mr Patra is currently executive director in charge of the RBI's research department and has a seat on the six-member Monetary Policy Committee.

He said for the first quarter, the RBI analysis showed growth to be at 5.8 per cent and all the surveys it did also projected growth to be in the range of 5.5-5.8 per cent but the final print was much lower.

Mr Das said the monetary policy committee would continue to focus on growth with inflation expected to stay within the medium term target.

Mr Das underscored the risks facing emerging market economies such as a India as global growth and trade weaken.

Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy -- whose growth slowed in the three months through September. Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of ...

"For this year's GDP growth, we have to wait till March-end. But next year, it will be upwards of 7 per cent," Shaktikanta Das said.

Finance Ministry on Tuesday promised to look into some taxation issues raised by foreign investors as also certain suggestions made by them in order to attract more investments into the Indian market.

The impact of the Narendra Modi government's reforms is beginning to be felt now, taking India closer to eight per cent growth this fiscal, a top finance ministry official said.