- July 17, 2022
- Posted by: Stratford Team
- Category: Economy
Hindustan Times
17 July, 2022, 09:20 am
Last modified: 17 July, 2022, 09:26 am
The logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019/ Reuters
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The logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019/ Reuters
The Indian economy has shown resilience amid fears of recession and war across the global landscape, the RBI (Reserve Bank of India) said on Saturday. Counting monsoon revival, pick-up in manufacturing and services, and stabilisation of inflation pressures among some of the factors that have contributed, the central bank underlined the brightened outlook and conditions for a sustainable high growth trajectory in the medium-term.
Strong buffers in the form of adequate international reserves, sufficient…
