Economy has done well despite multiple external shocks: MPC's Goyal

RBI's Monetary Policy Committee (MPC) member, Ashima Goyal, praised India's economic resilience despite external shocks. She emphasized the need for counter-cyclical macroeconomic policies due to ongoing geopolitical fragility. Goyal warned against excessive spending, urging a cautious fiscal approach. Regarding inflation, she supported gradual interest rate cuts to maintain real rates necessary for acceptable inflation and growth.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.