Finance Minister Nirmala Sitharaman

April 1, 2024 4:44 PM

RBI’s monetary policies stabilized G-Sec yields, boosted investor confidence: Finance Minister Sitharaman

Finance Minister Nirmala Sitharaman on Monday praised the Reserve Bank of India's (RBI) monetary tightening measures, saying that they have stabilized government securities (G-Sec) yields and boosted investor confidence in the Indian economy. Speaking at an event commemorating 90 years of the RBI in Mumbai, Sitharaman said, "Inflation management despite monetary tightening pressures and the measures which have been taken for monetary tightening have stabilised the G-sec yields, which are very i...

India’s growth momentum continues as credit rating agencies revise projections upward

Major credit rating agencies have revised India’s 2024 growth projections upwards, indicating growing confidence in the nation's economic potential. India’s economy witnessed impressive growth rates in the first three quarters of FY 2024, recording 7.8 percent in Q1, 7.6 percent in Q2, and 8.4 percent in Q3. Finance Minister Nirmala Sitharaman recently said that the economy will grow by over 8 per cent in the January-March quarter of 2024. As the economy continues its upward trajectory, Go...