India's GDP Growth: Key Comments from the RBI Governor Sanjay Malhotra | RBI cut Repo Rate by 25 bps

India's GDP Growth: RBI Governor Sanjay Malhotra has announced a 25 basis points (bps) repo rate cut, bringing it down to 6.25%. In addition, he has projected a 6.7% GDP growth for the upcoming year, highlighting India's robust economic outlook. Malhotra also emphasized the country's resilient external sector as a key factor driving this optimism. Stay tuned for major updates from the latest monetary policy review and its impact on India’s economic growth trajectory.
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Questions are simple. Does the government have an economically sound road map for the revival of consumption? Does the government have a political appetite for reforms? Can they nudge the private capital to use their profits to raise wages, salaries and not to de-leverage their balance sheets? Can they persuade the private sector to invest more in the economy?.