After the three-day meeting of the Monetary Policy Committee (MPC) early this month, RBI decided to keep its key lending rates steady at record low levels for the 10th straight time to support a durable recovery of the economy from the pandemic.
According to the agency, the data for December 2021 released so far has further improved with the average index tracking at around 12.8 from 11.1 in November 2021.
New Delhi: The COVID-19 pandemic is expected to hit the Indian economy with about $320 billion in terms of daily gross domestic product (GDP) loss after 40 days of nationwide lockdown, said a report. The daily GDP of India is estimated to be approximately $8 billion. The impact has been severe on the travel and […]