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The Hindu
The Hindu
National
PTI

RBI retains FY24 GDP forecast at 6.5%

RBI GDP Inflation Shaktikanta Das

The RBI on August 10 retained the GDP growth projection for current fiscal year at 6.5% and raised the inflation projection marginally to 5.4% due to spike in vegetable prices, including tomatoes.

Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said domestic economic activity is maintaining resilience.

He also said the recovery in kharif sowing and rural incomes, the buoyancy in services and consumer optimism should support household consumption.

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