Read hereThe Reserve Bank of India (RBI) Governor Shaktikanta Das-led rate-setting panel, Monetary Policy Committee (MPC), projected India's real GDP growth for FY 2023-24 at 6.5% with Q1 growth rate at 8%. According to economists who participated in a poll conducted by news agency Reuters, GDP growth is expected to beat the January-March quarter's 6.1% rate, with forecasts ranging from 5.6% to 9.1% range.Economists see the country's economic growth at a four-quarter high with the GDP estimated in the range of 7.8-8.5% in Q1FY24, almost in sync with the projection by the Reserve Bank of India (RBI) at its latest bi-monthly monetary policy committee (MPC).
Read hereThe National Statistical Office (NSO) will release the GDP data for the first quarter FY24 today, August 31. Download the App to get 14 days of unlimited access to Mint Premium absolutely free!
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