Economy

To become a US$ 5 trillion economy, India has to grow at 9 per cent for 5 years: Dr Rangarajan

Hyderabad, India needs to grow at 9 per cent for five consecutive years to become a US$ 5 trillion economy by 2025, said Dr C Rangarajan, renowned economist and the Chancellor of the ICFAI, it was reported. The Government needs to strive to achieve this growth by bringing in reforms, said Dr Rangarajan, who presided …

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Adequate liquidity and low interest rate key to sustain reality sector growth : Knight Frank India

Kolkata. The decision to maintain status quo on key policy rates is significant as it comes at the onset of the festive season, according to Knight Frank India chairman Shishir Baijal. ” We welcome the RBI’s move to keep rates unchanged despite the inflationary pressures, as adequate liquidity, and stable repo rate will play a …

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RBI keeps key rates unchanged, retains 9.5 per cent GDP forecast for FY22

Mumbai/New Delhi, As widely expected, the Reserve Bank of India (RBI) on Friday held the repo rate steady at 4 per cent and maintained an accommodative policy stance to support economic growth and recovery. Repo rate or repurchase rate is the interest rate at which RBI lends to commercial banks. It is the key tool …

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