FY25

Stage set for stronger growth, consumption in H2 FY25: RBI

contact@dailyupdatesindia.com7 months ago02 mins

MUMBAI: GST reforms, coupled with a five-quarter high GDP growth, have positioned the Indian economy for a sustained period of expansion, RBI’s ‘State of the Economy’ report released on Wednesday showed. The report presents an optimistic outlook for second half (H2) of the fiscal year, suggesting that robust domestic drivers are set to overcome global…

‘Manageable’: India’s CAD seen at 1% of GDP in FY25 despite US tariffs; Crisil flags sharp fall in August imports

contact@dailyupdatesindia.com7 months ago02 mins

India’s current account deficit (CAD) is expected to remain under control at around 1% of gross domestic product (GDP) in the current financial year, even as the economy faces pressure from steep US tariffs and global geopolitical uncertainties, according to a report by rating agency Crisil.Crisil said the deficit will stay “manageable” thanks to resilient…

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Stage set for stronger growth, consumption in H2 FY25: RBI

‘Manageable’: India’s CAD seen at 1% of GDP in FY25 despite US tariffs; Crisil flags sharp fall in August imports