SIAM says auto sector left out in economic package; to seek govt's direct intervention for revival of industry
SIAM said it had several engagements with the government at various levels and was looking forward to some direct fiscal measures for the auto industry from the Centre in the Rs 20 lakh crore stimulus package.
RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das
If the Reserve Bank of India (RBI) cuts the repo rate today, it would be the sixth reduction in the short-term lending rate this financial year.
RBI cuts repo rate by 25 bps to 5.15%: Central bank goes with the tide but reduction in interest rate cannot ensure pick-up in credit
The most important takeaway from the RBI policy statement is the revision in GDP growth number from 6.9% to 6.1% for FY20
RBI Monetary Policy Updates: Efforts on to ensure another large NBFC does not default, says governor Shaktikanta Das
RBI MPC LATEST Updates: RBI governor Shaktikanta Das has said that efforts are on to ensure that another large non-banking finance company (NBFC) does not default.
RBI monetary policy: MPC likely to cut interest rates again tomorrow as fiscal measures fail to boost ailing growth
If the RBI delivers a 25 bps cut as expected, traders will focus on the wording and tone of the statement for clues on further easing.
Sign of revival in automobile sector; coming six-week festive season will be decisive, says Mahindra's MD Pawan Goenka
"If the sale remains encouraging, the automobile sector will gather pace," Goenka said