Tag: Economy Slowdown

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RBI Has Many Other Tools To Revive Growth, Not Just Interest Rates: RBI Guv Shaktikanta Das

Mumbai: After leaving benchmark interest rates unchanged in the second consecutive policy review, RBI governor Shaktikanta Das on Thursday said the central bank has many other instruments to address the sluggishness the economy, not just interest rates. The Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy pegged GDP growth for FY21 at […]

  • Tuesday, 20 April 2021
IMF backs India's 'very wise' lockdown decision despite economic cost
IMF backs India's 'very wise' lockdown decision despite economic cost

United Nations: The International Monetary Fund (IMF) supports India’s “very wise” decision to impose a national lockdown to combat the coronavirus pandemic despite the resulting economic slowdown, according to Changyong Rhee, the organisation’s director of the Asia and Pacific Department. He said at a news conference on Wednesday, “India entered the pandemic turmoil in the […]

  • Saturday, 17 April 2021
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