INSUBCONTINENT EXCLUSIVE:
Mr Das said that the recent rise in crude prices will not have 's ignificant' impact on inflation.RBI Governor Shaktikanta Das on Thursday
said that there is little space for any fiscal expansion by government
Mr Das was speaking at the Bloomberg India Economic Forum in Mumbai
He said that international environment is clouded with challenging conditions
recession as yet," he added.Mr Das said that he expects US Fed's latest rate cut to boost fund inflows into the country, mostly via
cuts as it took a cautious approach to further reductions in borrowing costs.On the rising crude rates, he said that the ongoing crisis in
Saudi Arabia that has spiked crude prices to multi-year highs will have limited impact on inflation and fiscal numbers
A massive drone strike on the world's largest crude-processing facility operated by Saudi Aramco on Saturday drove oil prices to their
highest level in nearly four months
The attack had knocked out over half of Saudi Arabia's production as it cut 5.7 million barrels per day or over 5 per cent of the world's
supply.According to the RBI Governor, Indians, Indian entrepreneurship and the rupee are progressively internationalising
India's working-age population has grown larger than the dependent population, and this demographic advantage is expected to last till
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