Michael Patra Archives - GLOBFASTNEWS

RBI: Policy guidance is more effective when rates are low

MUMBAI: Interest rate guidance is more effective when policy rates are low as compared to when they are on their way down, according to RBI deputy governor Michael Patra.“Under heightened…

Inflation, at 4.5% avg this yearr, to hit 4% target in 2 years: Patra

Inflation to align to the 4 percent target by FY’25-26: Michael Patra MUMBAI: India’s inflation, as measured by consumer price index, is expected to average 4.5% in the current fiscal…

‘India can be world’s 2nd largest economy in just 7 years & world’s largest by…’: RBI deputy governor makes big prediction

India can be the world’s second largest economy soon? RBI deputy governor Michael Patra says that it is “possible to imagine India striking out into the next decade to become…

RBI deputy governor: In 7 years, India can be 2nd-largest economy

MUMBAI: India can become the world’s second-largest economy in seven years and the largest by 2060, RBI deputy governor Michael Patra said.“Given the innate strengths and resolve to achieve its…