Gdp Rate

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GDP to be in growth territory in Oct-Dec, signifies exit from COVID-induced recession, says ICRA report
Business

GDP to be in growth territory in Oct-Dec, signifies exit from COVID-induced recession, says ICRA report

Private consumption and government spending will help the economy post a turnaround during the December quarter and the GDP will grow 0.7 percent, the ratings agency said

RBI monetary policy meet: Central bank on hold for now, but leaves room for future rate action
Business

RBI monetary policy meet: Central bank on hold for now, but leaves room for future rate action

A CRR cut of 50 bps would have released at least Rs 65,000 crore. The RBI is either satisfied that there is no need to inject such a quantum of funds or that it would use OMOs to provide comfort as and when it is required.