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RBI policies may have contributed to economic slowdown: Finance ministry

Times of India LogoTimes of India1d ago

RBI policies may have contributed to economic slowdown: Finance ministry - Times of India

Quick Summary:

The finance ministry's report indicates that the combination of RBI's monetary policy and structural factors may have led to the economic slowdown.

The ministry highlighted slowed urban consumption and cautious corporate hiring practices as contributors.

The report anticipates improved growth in the second half of FY25, while stressing the need for a comprehensive commitment to sustaining growth amidst global uncertainties.


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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 03:52:00 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 900 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24681363

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 12 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 46 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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