
Quote by Mr. Rajiv Agarwal, Operating Partner (Infrastructure), Essar and Managing Director, Essar Ports on RBI Monetary Policy
“RBI’s decision to raise the repo rate by 50 bps to 5.40 percent clearly signals the intent to keep the country within the targeted inflation rate. Hence the GDP growth forecast was also retained at 7.2% which is still one of the best globally. The country’s economy is heading In the right direction with Urban demand increasing and domestic economic activity showing signs of broadening even though rural demand shows a mix trend. The RBI and MPC have taken bold steps to overcome the global headwinds that are driving inflation and keep the Indian economy on the path of growth.”
More Stories
MirchiKhushirPujo Awards Best Puja Pandal Amid Glamour And Glitz
Kolkata, Dec 1, 2023: 98 Pujas, 3 Cities, 1 Unforgettable ExperienceEvery Year, almost as a rule, Durga Puja inspires us...
Kalpamrutha Food & Beverages Pvt. Ltd. Launches New Wood Pressed Oil Production Unit
Kalpamrutha Food & Beverages Pvt. Ltd., an emerging name in the food and beverage industry, recently inaugurated its first outlet...
Introducing Nano Aerpod India’s First Personal Air Purifier
Key Features and Advantages: Ultra-Portable Design: Nano Aerpod is designed to accompany you wherever you go. It's small, lightweight, and easy to carry,...
TechGig Geek Goddess 2023 Announces Winners: A New Era of Women Coders Unveiled
01st December 2023: TechGig Geek Goddess, in partnership with HerStory, proudly announces the winners of its 2023 edition, marking the culmination of a three-month-long journey celebrating the country's...
Dholera SIR Propels Forward with Landmark Real Estate Auction Success
Gandhinagar, 01st December 2023: Dholera Industrial City Development Limited (DICDL) achieved a significant milestone by completing the first-ever land auction for a real estate plot in Dholera SIR. The...
Record-breaking Success at HOMETHON Property Expo 2023 – 50,000 + visitors and over 1050 crores in property sales
New Delhi 01st December 2023: NAREDCO has set a new benchmark for real estate exhibitions with the resounding success of the HOMETHON Property Expo 2023, held...