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Economic Growth Set for Rebound, Says RBI
January 18, 2025
|Hindustan Times Pune
The RBI's now-cast model forecasts India's economy to grow at 6.2% in Q3
MUMBAI: India's economic growth is poised to rebound as domestic demand regains strength, but "stickiness" in food inflation warrants careful monitoring, the central bank said in its monthly bulletin released on Friday.
In India, there is a "conducive quickening" of high-frequency economic activity indicators in the second half of 2024-25, signaling implicit pick up in real gross domestic product growth for this period, the Reserve Bank of India said in an article titled 'State of the Economy' in the bulletin.
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