“India is well-placed on the path to swift restoration with development impulses visibly transmitted to all sectors of the economy,” a report launched by the finance ministry mentioned.
The Reserve Bank of India’s financial coverage committee left coverage rates of interest unchanged on Friday, reducing its retail inflation projections to five.3% from 5.7% for the present fiscal yr ending in March 2022, whereas warning about the threat of upper gas prices.
(Reporting by Manoj Kumar and Aftab Ahmed; Editing by Kim Coghill)
(Only the headline and film of this report might have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)
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