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Published By: Mohammad Haris Last Updated: September 20, 2024, 18:18 IST Consumer price index inflation came in below the Reserve Bank’s target for the second consecutive month in August, although in light of the recent experience, food price volatility remains a contingent risk. The September Bulletin says that global economic activity is slowing down while…
India’s digital economy is poised to constitute a fifth of GDP by 2026 from one-tenth at present, according to a Reserve Bank report released on Monday. In the foreword of ‘Report on Currency and Finance (RCF) for the year 2023-24’, Reserve Bank Governor Shaktikanta Das emphasised that digitalisation in finance is paving the way for…
The estimate of the natural rate for Q4 2023-24 is at 1.4-1.9% The natural rate of interest is an equilibrium rate where growth is close to potential, accompanied by stable inflation. India’s natural rate of interest has increased in the post-pandemic era, driven by the growth of potential output, according to the Reserve Bank of…