Tag «Shaktikanta Das»

RBI governor to make unscheduled speech at 10am as Covid devastates India

India's economy may have grown 22.1% in Q1, but demand is still low: RBI

By Administrator_India Capital Sands Reserve Bank of India Governor Shaktikanta Das will make an unscheduled speech at 10 am today, Wednesday, as a new coronavirus wave threatens a nascent economic recovery. The address will be broadcast at 10am local time, the RBI said on Twitter. It didn’t elaborate. A team at the Indian Institute of Science in …

Second Covid wave unlikely to derail India’s growth: RBI Governor

India's economy may have grown 22.1% in Q1, but demand is still low: RBI

By Administrator_India Capital Sands Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday expressed confidence that the second wave of Covid infections will not derail India’s economic journey. He maintained the RBI’s recent 10.5-per cent growth forecast for the coming fiscal year (2021-22, or FY22). His assurance assumes significance amid apprehensions about surging new Covid infections and …