RBI Governor Shaktikanta Das said that while retail inflation has been brought down to below 5%, there are still certain global and local challenges ahead. “One is international uncertainty because of the war or geopolitical tensions. The other challenge is the El Nino prediction,
The United Nations released its Midyear Update to the World Economic Situation and Prospects report on Tuesday, projecting India's economic growth to remain steady at 5.8 percent this year. The report affirms similar projections of previous from various other international organizations, highlighting India as the fastest-growing major economy. , Economy News, Times Now