Economic recovery on track: Patra
The Hindu
“RBI’s growth target of 9.5% for the full year is eminently achievable"
Reserve Bank of India (RBI) deputy governor Michael D. Patra on September 16 said the economic recovery remained on track as reflected in the trend of the production and order books.
“RBI’s growth target of 9.5% for the full year is eminently achievable,” he said in an online address at the CII Summit on Financial Markets.
Highlighting that the current inflationary pressures were largely driven by supply shock with contributions to inflation emanating from a narrow group of goods like edible oil, LPG and petroleum products, the RBI deputy governor warned that the incomplete pass-through of imported price pressures to retail prices and the rising staff costs in the organised sector would lend some tail risks to the inflation trajectory.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.