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India s economy is set to grow at 6.5 per cent in FY24, said Reserve Bank of India (RBI) Governor Shaktikanta Das as he announced the MPC s decision. Indias economy grew by a higher-than-expected 6.1% in the March quarter, with India seeing a 7.2 per cent growth in FY23. ....
The Reserve Bank of India's Monetary Policy Committee is expected to hold key interest rates this week and maintain an accommodative stance. However, the central bank may revise its inflation projections higher. ....