Economy on recovery path, rate cut to boost demand: RBI Report

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Economy on recovery path, rate cut to boost demand: RBI Report

According to the Reserve Bank of India’s (RBI) monthly State of the Economy report, the Indian economy is on a recovery trajectory in the second half of the current financial year (H2FY25). The report also highlights a growing likelihood that the policy repo rate cut during the February monetary policy review will stimulate domestic demand.