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RBI raises key lending rate by 50 basis points to check raging inflation

RBI raises key lending rate by 50 basis points to check raging inflation

by AIP Online Bureau | Jun 8, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy

Shaktikanta Das.Governor,RBI RBI Governor Shaktikanta Das said that real GDP for FY23 is seen at 7.2%, and that for Q1 at 16.2%, Q2 at 6.2%, Q3 at 4.1%, and Q4 at 4%. The inflation projection for the current financial year is seen at 6.7% and for Q1 at 7.5%, Q2 at...

GDP grows 4.1 pc in Jan-Mar qtr; 8.7 pc in FY22

by AIP Online Bureau | May 31, 2022 | Eco/Invest/Demography, Indian News, Policy

As per the data, the Indian economy expanded by 8.7 per cent in 2021-22 against a 6.6 per cent contraction in 2020-21 New Delhi: India’s economy grew by 4.1 per cent in the fourth quarter of 2021-22, pushing up the annual growth rate to 8.7 per cent, official data...
Global economy: Scarcity triggers $1.6 trillion of GDP loss

Global economy: Scarcity triggers $1.6 trillion of GDP loss

by AIP Online Bureau | May 19, 2022 | Articles, Eco/Invest/Demography, Risk Management

Russia’s invasion of Ukraine and China’s Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs. Emerging nations could see more acute threats to energy and food security, like the ones already causing turmoil in...

Real-time payments expected to boost India’s GDP by $45.9 bn in 2026

by AIP Online Bureau | Apr 26, 2022 | Data

“India’s craving for cash may be plummeting, but there is still a great deal more to do. It is time to accelerate our efforts and expand this impact beyond the top tier metropolitan areas and replicate our success for the benefit of the entire...

China unlikely to achieve GDP targets due to COVID-19 crisis

by AIP Online Bureau | Apr 17, 2022 | Eco/Invest/Demography, International News

Experts from 12 financial institutions polled a French-based media forecast a GDP growth of 5.0 pc for the full year. They expect a figure of 4.3pc for the first quarter, just above the 4.0pc recorded in the three months prior, as per the media outlet It is not just...
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