Indian economy on recovery path but it can't be immune to global situation: RBI Governor

Das, announcing the outcome of the Reserve Bank of India (RBI) Monetary Policy said that Globally, economies are opening up, activities level are reaching pre-pandemic level.

New Delhi: RBI Governor Shaktikanta Das on Wednesday said that the Indian economy is relatively well positioned on path of recovery but it cannot be immune to global situation, says Governor Das. 

Das, announcing the outcome of the Reserve Bank of India (RBI) Monetary Policy said that Globally, economies are opening up, activities level are reaching pre-pandemic level.

He also said the headline inflation would peak in the fourth quarter of the current fiscal. The inflation projection has been retained at 5.3 per cent for the current financial year.