Withdrawal of Rs 2,000 note can boost growth by pushing consumption: Report https://ift.tt/SfZ65og real GDP growth for the first quarter of FY24 will come at 8.1% with an upward bias and the Reserve Bank of India's 6.5% estimate can also be exceeded, economists at the country's largest lender SBI said. "We expect Q1 FY24 GDP growth at 8.1% with an upward bias due to the impact of ₹2,000 note withdrawal event...this reinforces our projection that FY24 GDP could be higher than 6.5%, basis the RBI estimate," a note said.
Monday, June 19, 2023
Withdrawal of Rs 2000 note can boost growth by pushing consumption: Report
Subscribe to:
Post Comments (Atom)
-
BEIJING: A container port in China's eastern marine hub Ningbo has suspended operation after a member of staff tested positive for COVID...
-
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will...
-
Cryptocurrency, or "crypto" or "tokens", is all the rage right now. People are buying and using cryptos for varied purpo...
No comments:
Post a Comment