A challenging external environment coupled with the continuing impact of tariffs is expected to keep future growth estimates subdued, according to a report by SBI Mutual Fund.
Reacting to the Monetary Policy Committee (MPC) decisions, financial sector experts noted that the overall tone of the policy appears to be growth-centric, with a slight tilt towards concerns over economic momentum, while expressing significant comfort on the inflation front.
On the inflation front, RBI expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly estimates as Q1 FY26: 4.5 per cent, Q2 FY26: 4.0 per cent, Q3 FY26:
Targetting Biju Janata Dal and Bharatiya Janata Party on employment and inflation fronts, Congress president Malliakarjun Kharge on Thursday said that BJD as well as BJP have to be removed from the state and Centre respectively for the betterment of Odisha.
Asia is on track to again deliver two-thirds of global growth in 2024, as it did in 2023, said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department. At a press conference on the Regional Economic Outlook, the IMF official said the news on the inflation front has also been