The Reserve Bank of India raised its repo rate by 25 basis points to 5.5%, its first increase since February 2023, citing rising inflation and geopolitical risks.
Posts tagged as “economic growth”
Prime Minister Narendra Modi rejected critics who label India as part of the ‘Fragile Five’, highlighting a 7.8% quarterly GDP rise and a rating upgrade by Japan Credit Rating Agency.
India reported a 7.8% rise in first‑quarter GDP, outpacing forecasts, yet opposition and analysts question the methodology behind the numbers.