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RBI's Malhotra: Rates to Stay Low, Growth Still Strong

RBI's Malhotra: Rates to Stay Low, Growth Still Strong

RBI Governor Sanjay Malhotra and his team recently shared updates on India's economy. They hinted that inflation might inch up, but there's no need to panic—interest rates are likely to stay low for now. Despite some bumps, the growth forecast remains a solid 6.9%. They're keeping a close watch and ready to adjust as needed, so no worries, folks!

Quick rundown

  1. RBI introduces core inflation figures in policy.
  2. Monetary policy remains flexible and data-driven.
  3. Forex measures are temporary, not structural.
  4. India's growth projection stands strong at 6.9%.
  5. Sufficient foreign reserves despite recent drop.

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