Economic Update: April 2024

Economic Update: April 2024

Economic Update: The Monetary Policy Committee (MPC) met from 3rd to 5th April 2024 and decided to keep the policy rate unchanged at 6.50% and remain focused on withdrawal of accommodation and committed in aligning inflation to the target. RBI said that the growth has...
Economic Update: December 2023

Economic Update: December 2023

Real gross domestic product (GDP) grew year-on-year (y-o-y) by 7.6% in Q2:2023-24, much higher than the RBI Monetary Policy Committee’s (MPC) earlier projections. The rise in GDP growth was supported by government spending and robust performance in manufacturing,...
Economic Update: November 2023

Economic Update: November 2023

Economic Update: India, the world’s fifth largest economy in the world, is likely to overtake Japan to become the world’s third-largest economy with a GDP of $7.3 trillion by 2030 as per projections by S&P Global Market Intelligence. The acceleration...
Economic Update: February 2023

Economic Update: February 2023

Economic Update: The ‘Saptrishi’ of the Budget 2023, highlighted seven priorities: Mergers & Acquisitions / Transactions related amendments: Acknowledgements:  RBI Bulletin (www.bulletin.rbi.org.in), SEBI (www.sebi.gov.in), NSE (www.nseindia.com), BSE...