Indian economy is recovering from slowdown witnessed in July-September quarter: RBI
New Delhi [India], December 24 (ANI): High frequency indicators for the third quarter of 2024- 25 (October-December) indicate that the Indian economy is recovering from the slowdown in momentum witnessed in July-September, driven by strong festival activity and a sustained upswing in rural demand, Reserve Bank of India (RBI) said on Tuesday.
In the monthly RBI bulletin released today, the RBI said that the prospects for a