<p>American credit rating agency Fitch has revised India’s GDP growth estimate to 12.8% for next fiscal from the previous 11% on the back of a stronger carryover effect, a looser fiscal stance, and better virus containment. The ratings agency, in its latest Global Economic Outlook GEO, anticipates the level of the country’s GDP to remain […]</p>
<p>The Reserve Bank of India (RBI) is planning to withdraw the old series of currency notes including Rs 100, Rs 10, and Rs 5 by March or April, an Assistant General Manager B. Mahesh said on Friday. Speaking at the District Level Security Committee (DLSC) and District Level Currency Management Committee (DLMC) meeting organised by […]</p>
<p>The Reserve Bank of India on Thursday kept the key policy rate unchanged at 5.15% and decided to continue with its accommodative stance to support the economy. The central bank also revised GDP growth downwards to 5% for 2019-20 from 6.1% projected in its October policy. The panel decided to continue with the accommodative stance […]</p>
<p>The Indian rupee on Tuesday was raised by 8 paise to 71.58 against the US dollar, as investors were hopeful that the Reserve Bank will go for another rate cut to boost economic growth. Forex traders said, the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on Thursday. […]</p>
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