US Ambassador to India, Sergio Gor, on Sunday concluded his 'successful' visit to Mumbai, highlighting the growing partnership between India and the United States across trade, technology, education, energy and resilient supply chains.
Sergio Gor, US Ambassador to India, visited the iconic Gateway of India during his visit to Mumbai and urged people to discover the splendour of the city.
Sergio Gor, the US Ambassador to India, met Maharashtra's Chief Minister Devendra Fadnavis on Saturday. The two leaders discussed strategic priorities to build the relationship across areas such as trade, entertainment, tech and manufacturing.
In a post on social media platform X, Gor said, "Very much enjoyed meeting RBI Governor Sanjay Malhotra. We discussed areas of increased cooperation, including new state-of-the-art U.S. technology."
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
Speaking on the usage of data, he mentioned that the RBI has undertaken several initiatives in the past to streamline the reporting mechanisms and improve the quality of data. He further mentioned that while we have made good use of this data, there is scope for more effective use of this
Talking about the RBI's actions on banks and other regulated entities, the governor said the purpose of enforcement actions undertaken by the Reserve Bank is generally not punitive.
The Board reviewed the functions of the Department of Payment and Settlement Systems and current focus areas covering both domestic and global payment systems. The draft Payments Vision 2028 was presented, and Members gave strategic guidance to ensure the continued development of India's pay
Considering the benign inflation outlook - headline as well as core - real interest rates need to be lower. Therefore, I vote for a 25-bps rate cut. This will also stimulate demand and be growth-supportive," the statement from the RBI Governor said in the minutes.
RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that currently marks high economic growth and exceptionally low inflation.
The Reserve Bank of India (RBI) on Friday revised the inflation outlook for the current financial year FY26, projecting CPI inflation at 2 per cent, marking a reduction of 0.6 per cent from its earlier projection.
Indian economy is projected to grow at 7.3 per cent in the current fiscal 2025-26, about a half percentage point higher than previously estimated, RBI Governor Sanjay Malhotra said Friday, announcing the decisions of Monetary Policy Committee.