Devmantra Times: 29th Edition 1st July 23

Core Inflation & Global Volatility Brightens India's Economy

Welcome you to the Twenty Ninety edition of DevMantra Times for the month of July 2023. The much awaited NSE Social Stock Exchange Segment has been approved by Securities and exchange Board of India (SEBI) This would be a new avenue for social enterprises to finance social initiatives, provide them visibility and shall act as a catalyst for their growth.

Economic Updates India’s Economic Prospects Brighten ; Core Inflation, Global Volatility May Pose Risks: Rbi Financial Stability Report

The Indian economy presents a picture of resilience, supported by strong macroeconomic fundamentals. Sustained growth momentum, moderating inflation and anchoring of inflation expectations, a narrowing current account deficit and rising foreign exchange reserves, ongoing fiscal consolidation and a robust financial system are setting the economy on a path of sustained growth,” RBI said.

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