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Tuesday, February 20, 2024

Inflation expectations may stabilise, edge down going ahead: RBI

The Reserve Bank of India predicts inflation stabilization in India. Retail inflation eased to 5.1% in January. There may be renewed pressures from cereals and proteins. Input cost outlook and selling prices of manufacturing firms should improve. The global economy is expected to exhibit stronger-than-expected growth. India's debt-to-GDP ratio is projected to drop to 73.4% by 2030-31.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8v3HuQz

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