RBI Cuts India’s Growth Forecast Amid Slowdown Fears | Vantage with Palki Sharma
The Reserve Bank of India resisted pressure to cut key lending rates after the latest GDP figures disappointed. The RBI has kept the repo rate unchanged at 6.5% for nearly 22 months amid fears of rising inflation. Palki Sharma tells you more about the RBI’s economic outlook.
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RBI | GDP | Inflation | India | Economy | Firstpost | World News | News Live | Vantage | Palki Sharma | News
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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Chinese leaders -> economic growth
Indian leaders -> showing loyalty to corporates and filling up their pockets.
the problem is that the govt is too pessimistic about the current geopolitics. yeah there's war yeah trump is back too but this much of pessimism will harm the economy more than any external factor could
But you were saying 24/7 that Chinese economy is collasping, and now what happened?
Why don't you, why can't you blame the government that has been sitting in power for 10 year? 10 years, and they can't fix anything? 10 years, and things are getting worse? How much long term planning do you want? How much?
If india grows 6.5 annually for 25 years indian gdp per Capita only 12000 dollars which is not in top 100th
India is a country-Stupid leaders lead Elites. So India’s Elites escape to West. Then India become no hope. You need good leaders.
10% of population control 77% of GDP. Nothing to boast about GDP. China 20% control 80%. This skew makes GDP volatile. Its like only one person in a family of 10 earning. Our stupid politician and media cant get this
If the ease of business improves the economy will improve , bribe and corruption when running a legitimate business is hard and evil , politicians want piece of everything when your successful, India needs to fix all these things before giving glorious speeches about economy. No wonder people are setting up business outside India.
Ask govt to stop funding schemes by scamming the middle class – bloody BSD govt
The crucial factor is that we still beat China!
this is the least what u can expect from a 4 grade failed prime minister and the fleet of his ministers
It is just bubble created by BJP is blowing up. Dont worry BJP. You will be still elected. You know that well
Everyone is blaming FM. Why dont you blame BJP and Modi? Do you think FM is acting independently? She is executing what is being told by BJP
good reporting
Link INR to gold.. start responsible spending..else get lost.. slaves of Trump in Bharat.. whatever expletive any US future president gives our Ram Rajya leadership will happily accept.. obviously this is much easier then "proper responsible spending" in line with actual income..
Stop the tax loot
Move all rice procurement from Punjab to Bihar and Bengal. Those states will grow rapidly, and life India's average. Punjab needs a kick in the back, for crop diversification. This will save money, that can be passed as tax cuts.
Whole indian government is a scam. This country will never grow until corrupt parties like bjp congress etc exists.
Super taxes every where. They didn't remove Excise and Vat on petroleum. Increased all Direct or indirect taxes as much as possible, GST or LTCG. All tax reforms are actually squeezing money out of everyone's purses. How do you expect people to invest or spend when they have nothing left!
We need bjp to rule india for 100 more years😂😂😂..jai sreeram😂😂 They will destroy india's economy from within😂😂😂.. wake up india
middle income trap
This has finally debunked the 'India Superpower' bullshyte that Palkee have been feeding you all instructed by Modi and his master Ambani.
10 years ago modi said tax terrorism will be removed if BJP comes to power, But BJP has destroyed the middle class completely that it cannot lift themselves up until and unless they move to some foreign country. Modi says that congress will distribute wealth of Hindus among Muslims if it comes to power, maybe he is 100% right but what is he doing; collecting taxes from Hindu temples, increasing income tax which Hindus pay majorly and distribute it to Muslims on the name of sabka saath and sabka vishwas. Hindus must understand the chronology of both BJP and congress. No matter which party comes to power, middle class Hindus will be suffered.
Raise repo rate to curb inflation, decrease petrol price to bring down inflation. GDP growth with 6% and inflation between 3-4% is good . No need of 7% growth with 6% inflation .
Finance ministry should cut down subsidies and lower taxes to encourage more economic growth
Rupees value coming down because of central government policy
Very thoughtful step has been taken by the governor of rbi🙏
can anybody please tell me what is india gdp as of q2 2024 in trillion dollar?
India will still be 45 trillion dollars by 2047 😅😅😂😂😂
Tax cuts will b the best.
1. cutting the taxes= people spend more money, businesses come back to India/register in india, manufacturing goes up. 2. Cut the interest rate= Businesses borrow money to expand their business, hire more people, wages go up. 3. Lift regulations for ease of business in India. Trying to open a foreign business in India is a nightmare. Bureaucrat process is complicated because government wants its hand in every process.
IT is not governer , the ignorant FM an PM are the real culprits. The effects of demonetization has long lasting implications . Unfortunate that there is no visionary like Manmohan Singh.
Our politicians doesn't care about nation. They are in power just because to enjoy money & power.They dont care about their citizens, country's image in global world.
Ye to hona his tha! Even before Brand India took off, It came down with a thud! Bharat maat ki jai. Jai Shree Ram!