India on the verge of attaining positive growth: RBI
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New Delhi, Jan. 22 -- The Reserve Bank of India in its January 2021 Bulletin (released on January 21, 2021) has stated that the Indian economy is one of the verges of reattaining positive growth. The RBI Bulletin mentions: "Recent shifts in the macroeconomic landscape have brightened the outlook, with GDP in striking distance of attaining positive territory and inflation easing closer to the target. If these movements sustain, policy space could open up to further support the recovery. Merchandise trade has rebounded in early January, attesting the slow healing of domestic demand and the unlocking of export energies. Current account surpluses are ebbing as domestic activity regains vigour. Foreign investment flows are already scenting the...
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