Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Indian Economy Capable Of Handling Global Shocks: RBI Governor
Update / Judgement Date
17 Nov 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
RBI Governor Shaktikanta Das stated that the Indian economy is capable of handling global shocks, citing strong macroeconomic fundamentals and robust foreign exchange reserves. He highlighted the resilience of the Indian banking sector and the government’s proactive measures to support economic growth. Das also mentioned that the RBI is closely monitoring global developments and is prepared to take necessary actions to maintain financial stability. The governor’s comments come amid concerns over global economic uncertainties and their potential impact on emerging markets like India1.