Tag: National Statistical Office

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 […]

Q1 GDP Growth At 5% Falls To Lowest In 6 Years

New Delhi: Severe slowdown in manufacturing activity in the country pulled India’s first quarter (Q1) 2019-20 growth rate to 5 per cent, marking the fourth successive quarter of decline in growth rate on the trot. This is the slowest GDP growth in the last over six years. From 8 per cent during Q1 2018-19 to […]