Tag Archives: Indian Economy News

RBI Rate Hikes: Repo rate hike likely in October and December? The buzz in the financial markets has intensified regarding the upcoming Monetary Policy Committee (MPC) meetings of the Reserve Bank of India (RBI). Given the global uncertainties and the trend of inflation in the country, the question is being …

Moody’s Investors Service has raised its GDP growth forecast for India for the current fiscal year to 7% from 6.8%. Strong domestic demand, government capital spending, and a pick-up in private investment are cited as the main reasons for this record growth. Strong infrastructure and manufacturing boost India’s manufacturing and …