India's economy strong, inflation moderating, says RBI Governor Das

Quick Summary:

Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the Indian economy and financial sector are well placed to handle any kind of spillovers from global events.

On inflation, the RBI Governor said, "it is expected to be moderate despite periodic humps,"

India's inflation rose to 6.2 per cent in October from 5.5 per cent in September because of food inflation.

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Category: BusinessFinance

Markets: IndiaChinaUkraine

Topics: Indian economy Global economy RBI Shaktikanta Das

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 23:16:57 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23618331

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