Tag Archives: Indian economy

The Central government has appointed Poonam Gupta, the current Director General of the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI). She replaces MD Patra, who demitted office in January.

The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, expressed optimism about the Indian economy’s prospects, projecting improvement in 2025 despite global uncertainties. In his foreword to the Financial Stability Report released on Monday, Malhotra highlighted strong consumer and business confidence as driving forces for economic recovery.

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the year 2024-25 on July 23, marking a significant moment in Indian economic policy under Prime Minister Narendra Modi's third term. The announcement comes as the Budget session of Parliament is scheduled to commence on July 22 and conclude on August 12, as confirmed by Union Minister Kiren Rijiju.