Accelerating growth, India on upward trajectory: RBI – The Times of India

Accelerating growth, India on upward trajectory: RBI – The Times of India

MUMBAI: Growth has accelerated in recent years and the Indian economy is assured of a continuously improving economic trajectory, deputy governor Poonam Gupta said.Delivering the 14th Foundation Day Lecture at the Centre for Development Studies, Gupta said India’s expansion has become more durable and predictable. “High, stable and accelerating growth, and more predictable economic outcomes…

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IMF comment on process not numbers, base year revision to address all issues: RBI DG – The Times of India

IMF comment on process not numbers, base year revision to address all issues: RBI DG – The Times of India

MUMBAI: Reserve Bank of India’s Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India’s growth data and classifying the Indian rupee’s exchange rate regime as a “crawling peg” within a managed float system.On the concern regarding data quality, Gupta said that the IMF’s critique is more…

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