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Reserve Bank Pins Hopes on Good Monsoon and Farm Initiatives for Robust Economic Performance in 2025-26

Summary by Odisha News In English
Favourable Monsoon, New Farm Schemes Bolster India's 2025-26 Growth Outlook: RBIIndia's economic growth trajectory for the 2025-26 fiscal year is projected to remain robust, significantly underpinned by an anticipated strong performance in the agriculture sector due to an expected above-normal Southwest Monsoon and several new government initiatives. This positive outlook, detailed in the Reserve Bank of India's (RBI) latest Annual Report for 20…
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New Delhi: Union Commerce and Industry Minister Piyush Goyal said that India will remain the world's fastest growing large economy for the next 30 years. The Commerce Minister highlighted India's economic performance in his address at the CII Annual Business Summit 2025 in the national capital on Thursday. Goyal said that the country has maintained a stable growth rate of 6-7 percent and aims to take it to 8 percent at constant prices. He said t…

Although it still has a favorable dynamism it has shown signs of weakness and remains below 8%.

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India Shipping News broke the news in on Friday, May 30, 2025.
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