Slowdown cyclical, but reforms needed: RBI https://ift.tt/2UpiR9L - Walletnews For Me

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    Thursday, August 29, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Slowdown cyclical, but reforms needed: RBI https://ift.tt/2UpiR9L

    Slowdown cyclical, but reforms needed: RBI https://ift.tt/2UpiR9L

    The RBI has attributed the recent deceleration in economic growth to a "soft patch mutating into a cyclical downswing" rather than a deep structural slowdown. The annual report reiterates governor Shaktikanta Das' statement that the highest priority is being accorded to reviving private investment and consumption.
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