Mumbai: Even as the government is due to release the GDP numbers for the second quarter on Friday, Reserve Bank of India (RBI) Governor Shaktikanta Das said that the Indian economy has exhibited stronger than expected pick-up and the growth outlook has improved.
At the same time, Das cautioned about the need to be watchful over the downside risks of a fresh surge in COVID-19 infections, the sustainability of demand after the festival period a possible reassessment by the markets around vaccine expectations, The Times of India reported.
The RBI governor’s statement comes at a time when forecasters are revising the GDP decline numbers for the second quarter, given the rebound in economic activity.
Stay ahead with Odisha Bytes Breaking News - your ultimate source for the fastest, most… Read More
Bhubaneswar: The Odisha government on Saturday felicitated the medallists from state for their achievements at… Read More
Mumbai: After proposing Chum Darang on Valentine’s Day, ‘Bigg Boss’ winner Karan Veer Mehra is… Read More
Cuttack: Passengers of a Mo Bus had a narrow escape after the vehicle caught fire… Read More
Bhubaneswar: The big crowd at Kalinga Stadium had its money’s worth on Saturday evening as the… Read More
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi inaugurated the ‘Subhadra Shakti Mela’ in Bhubaneswar on… Read More
This website uses cookies.
