inflation
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Opportunity India Desk Oct 11 2023 - 3 min readIndia's economic growth remains strong, with a projected 6.3 per cent growth in both 2023 and 2024. The optimistic forecast for 2023 reflects a notable 0.2 percentage point upward revision, mainly due to stronger-than-expected consumer spending from April to June, said the International Monetary Fund in its World Economic Outlook report.
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Opportunity India Desk Oct 06 2023 - 4 min readThe policy repo rate under the liquidity adjustment facility (LAF) remained unchanged at 6.50 per cent, as decided in the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting on Friday. The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting ...
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Opportunity India Desk Aug 10 2023 - 2 min readThe Reserve Bank of India (RBI) on Tuesday kept the repo rate unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent, RBI Governor Shaktikanta Das said. The Monetary Policy Committee (MPC) met on August 8, 9, and 10, 2023 and after detailed deliberation on ...
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Opportunity India Desk Apr 06 2023 - 6 min readThe Reserve Bank of India (RBI) on Thursday announced the bimonthly monetary policy and decided to keep the repo rate unchanged, RBI governor Shaktikanta Das said after the monetary policy committee meeting. The repo rate is at 6.5 per cent with 'readiness to act should the situation so warrant', Das said. “We are witnessing unprecedented ...
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Opportunity India Desk Feb 15 2023 - 3 min readContinuing to be bullish on India, Global private equity (PE) Blackstone is planning for further investments across infrastructure and real estate sectors. With investments worth USD 50 billion in India, the PE firm is one of ...