On 8th August 2024, Shri. Shaktikanta Das, Governor of the Reserve Bank of India (RBI), presented the RBI Monetary Policy Framework. It was observed that the tone of the governor was hawkish indicating a positive outcome. Earlier, As predicted by many economists and bankers, the Monetary Policy Committee (MPC) kept the repo rate unchanged. Let's take a look at some of the key takeaways from this August Monetary Policy Statement: RBI decided to keep the repo rate unchanged a

The Indian economy, according to the World Bank, continues to develop at the highest rate in the world. "India's GDP growth is predicted...