"There is growing confidence on India and I think the international confidence on India is perhaps at an all-time high," Das told ANI, on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.
The National Statistics Office in its first advance estimates projected the country's economy to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India's banking sector as a whole has emerged stronger from the unprecedented challenges of the recent COVID-19 pandemic and the subsequent geopolitics.
The 605th meeting of the Central Board of Directors of Reserve Bank of India was held on Monday in Gujarat's Kevadia under the Chairmanship of Governor Shaktikanta Das.
The monetary policy committee of the Reserve Bank of India (RBI) in its December review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fifth straight occasions.
Financial market participants in India will closely monitor the outcome and the policy stance of the central bank, the Reserve Bank of India (RBI), to be announced at 10 am Friday (today), for fresh cues. As things stand, the monetary policy committee is most likely to maintain status quo
Reserve Bank of India governor Shaktikanta Das on Wednesday once again called upon banks and non-banking financial companies (NBFCs), among other financial entities to continue to do stress testing of their books.
Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but there are indications that global growth is slowing down amid tightening financial conditions and still elevated inflation. Even as the f
The gathering brought together a confluence of eminent minds and experts to assess and navigate the intricate financial and economic scenarios both globally and nationally.
Addressing a gathering in Delhi, Governor Das highlighted the complexity of the current economic landscape, stating, "There is a multiplicity of factors. The dollar index has become quite strong. The bond yields in the US have reached an all-time high, but, if you look at the volatility of t