News in English

Lower Q1 GDP numbers a blip, no letup in growth: RBI Governor Shaktikanta Das

India's growth remains strong despite a slight dip in GDP expansion to 6.7% in April-June, attributed to reduced government spending during elections. RBI Governor Shaktikanta Das highlights robust consumption and investment demand, with private consumption rebounding and investment growing. Inflation concerns persist but are expected to ease with favorable monsoon progress.

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