Retail Inflation Eases to 4.83% in April, 2024 orissadiary.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissadiary.com Daily Mail and Mail on Sunday newspapers.
OECD revised Indias FY25 growth forecast to 6.6%, citing strong investment and business confidence. Public sector investment will be crucial, with inflation expected to decrease, leading to rate cuts. Emphasis on fiscal deficit, agricultural reforms, and global growth.
In April, India s manufacturing sector saw a slight slowdown, yet remained strong due to high demand, revealed by a private business survey. This surge in demand drove companies to increase raw material procurement nearly to record levels. The HSBC final India Manufacturing Purchasing Managers Index dipped to 58.8 from March s 16-year high of 59.1.
Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan : Rashtra News #Hiking #interest #rates #tame #inflation #antinational #RBI #chief #Raghuram #Rajan Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians