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RBI monetary policy: Central bank's decision to cut rate by 35 bps a bold step; move will accelerate slowing economy: Experts
Business

RBI monetary policy: Central bank's decision to cut rate by 35 bps a bold step; move will accelerate slowing economy: Experts

The RBI maintained its “accommodative” stance but said further rate reductions would depend on the level of inflation.

With a 35 bps rate cut bonanza, Reserve Bank of India gifts Centre what it has been asking for; what now?
Business

With a 35 bps rate cut bonanza, Reserve Bank of India gifts Centre what it has been asking for; what now?

By gifting an unconventional 35 bps rate cut, the MPC has delivered what the government wanted

RBI Monetary Policy August 2019: Governor Shaktikanta Das says will ensure there is sufficient liquidity available for economy
Business

RBI Monetary Policy August 2019: Governor Shaktikanta Das says will ensure there is sufficient liquidity available for economy

RBI Monetary Policy August 2019; LIVE updates: There is no cartelisation by banks in holding onto higher lending rates, says Shaktikanta Das

Desperate measures: Chidu-Rajan's demand booster dose is hardly enough
Economy

Desperate measures: Chidu-Rajan's demand booster dose is hardly enough

With elections round the corner, the government is trying to push growth and spur demand by way of selective stimulus. But these are wrong signals<br /><br />

Boosting demand: Banks to soon provide cheaper loans for bikes, fridges
Business

Boosting demand: Banks to soon provide cheaper loans for bikes, fridges

The move comes at a time when persistently high inflation coupled with shrinking employment opportunities in a slowing economy have crimped consumer demand.<br /><br />