Momentum of economic activity continues to be strong, says RBI Governor

Reserve Bank of India Governor Shaktikanta Das emphasized strong economic momentum, noting robust growth projections for India. Speaking at the ET Now Leadership Dialogues, Das highlighted an optimistic GDP growth forecast of 7.2% for FY25. He indicated quarter-wise growth estimates of 7.3% in Q1, 7.2% in Q2, 7.3% in Q3, and 7.2% in Q4. \r

Das also pointed out recovering private consumption and boosted rural demand from agricultural activities, alongside ongoing challenges like persistent food inflation despite overall CPI softening.