RBI Chief forecasts 7% growth, easing inflation in India 2024-25

22 Jan 2024 CW Team

RBI Governor Shaktikanta Das stated that the Indian economy is expected to achieve a growth rate of 7 percent in the next fiscal, and he anticipates a further easing of inflation. He acknowledged the government's role in implementing structural reforms in recent years, emphasising their positive impact on the medium and long-term growth prospects of the Indian economy.

Addressing a CII session on 'High growth, low risk: The India story' at the World Economic Forum Annual Meeting, Das remarked that despite a challenging global macroeconomic environment, India reflects a scenario of growth and stability. He highlighted that recent global economic indicators have been reassuring, with a decline in inflation, although growth rates remain subdued.

Das mentioned, "Chances of a soft landing have improved, and markets have responded positively. However, he expressed concerns about geopolitical and climate risks that still persist."

The RBI Governor also projected a real GDP growth of 7.2 percent for India this year.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..