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Economy recovering from Q2 slowdown, says RBI bulletin

Economy recovering from Q2 slowdown, says RBI bulletin

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. Photograph:

‘RBI Not Overly Concerned About GDP’

‘RBI Not Overly Concerned About GDP’

‘The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.’ IMAGE: Reserve Bank of India Governor Shaktikanta Das,