Try GOLD - Free
GDP Growth Close To 8%: RBI Guv
The Morning Standard
|March 07, 2024
Shaktikanta Das says the bank's actions are determined to maintain financial stability
-
THE Reserve Bank of India Governor Shaktikanta Das said that the economic growth for the current fiscal 2023-24 (FY24) is likely to touch 8%.
In an interview to a TV channel on Wednesday, the governor said the current RBI growth estimates put GDP growth at 7.6%, but robust momentum of economic activity and high-frequency growth indicators point that there is quite a good chance that GDP growth to be very close to 8%, he said.
"(Based on data points), I would not hesitate to say that there is every possibility that 7.6 % growth for the current year has been exceeded."
This story is from the March 07, 2024 edition of The Morning Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Morning Standard
The Morning Standard
ABOUT A CAPITAL'S DIGNITY
A conversation with Sudeep Chakravarti who has been awarded the Ramnath Goenka Sahithya Samman for Best Non-fiction for Fallen City: A Double Murder, Political Insanity and Delhi's Descent from Grace, a work that combines forensic reporting with moral urgency
4 mins
January 08, 2026
The Morning Standard
THE BOOSTS NEEDED FROM BUDGET
DEVELOPING human capital will be at the heart of India's journey towards a Viksit Bharat at 2047.
3 mins
January 08, 2026
The Morning Standard
THE UNPREDICTABLE MAN WHO TURNS ON WEAK NEIGHBOURS
Trump's narcissism seems emboldened by his audacious removal of the Venezuelan president. India, which is on a good wicket of its own at the moment, should bat on confidently
4 mins
January 08, 2026
The Morning Standard
US SEIZES TWO OIL TANKERS LINKED TO VENEZUELA
Back-to-back actions in Atlantic, Caribbean target vessels linked to shadow oil trade
1 mins
January 08, 2026
The Morning Standard
TN NEEDS MORE REVENUES TO FUND PENSION SCHEME
IN a politically sensitive pre-election move, the DMK government has announced the Tamil Nadu Assured Pension Scheme (TAPS), covering nearly 6.25 lakh state government employees.
1 mins
January 08, 2026
The Morning Standard
TENSION IN OLD CITY OVER DEMOLITION DRIVE
MCD REMOVES ENCROACHMENT NEAR MOSQUE AT TURKMAN GATE WITH DELHI POLICE HELP | POLICE SUSPECT SOCIAL MEDIA MISCHIEF THAT PROVOKED CROWDS TO GATHER | 25-30 PEOPLE PELT POLICE PERSONNEL WITH STONES, INJURING FIVE OF THEM
2 mins
January 08, 2026
The Morning Standard
VEDANTA CHAIRMAN ANIL AGARWAL’S SON DIES IN SKIING MISHAP
VEDANTA Ltd chairman Anil Agarwal’s son Agnivesh Agarwal has died following a skiing accident in the United States.
1 min
January 08, 2026
The Morning Standard
Turkman Gate: Med centre, community hall razed to ground
RESIDENTS around Delhi's Turkman Gate area faced a harrowing time after the Municipal Corporation of Delhi's (MCD) carried out demolition drive on an illegal medical centre and a banquet hall in the early hours of Wednesday at the Faiz-e-Ilahi mosque area.
1 mins
January 08, 2026
The Morning Standard
Cap banks’ dividend payout at 75% of profit: RBI
Banks must report positive adjusted net profit
1 mins
January 08, 2026
The Morning Standard
Have to highlight stories in right way to lift doubles format: Woodbridge
WHEN top singles pros formed pairs to play in exhibition mixed doubles tie in the US Open last year, fans flocked to the stands and made it a full-house.
2 mins
January 08, 2026
Listen
Translate
Change font size