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Rupee falls 4 paise to end at 85.52 against US dollar
Hindustan Times Navi Mumbai
|December 31, 2024
Prospects for the Indian economy are expected to improve in 2025 thanks to high consumer and business confidence, Reserve Bank of India (RBI) governor Sanjay Malhotra said in his foreword to the Financial Stability Report, which pegged the real GDP growth for the current fiscal year at 6.6%.
MUMBAI:
In the bi-annual report released on Monday, he said the Indian economy is expected to pick up in the second half.
"Consumer and business confidence for the year ahead remain high and the investment scenario is brighter as corporations step into 2025 with robust balance sheets and high profitability," he added.
This story is from the December 31, 2024 edition of Hindustan Times Navi Mumbai.
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