Msp Hike
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RBI may opt for status quo on policy rates in August; inflation likely to drop to 4.4% in July : HDFC Bank
•Stabilisation in the otherwise volatile rupee and the moderation in oil prices can also be pointed out by RBI as a comforting factor, HDFC Bank said
HD Kumaraswamy should wipe his tears and ask this: Can his Rs 44,700 cr loan waiver save the lives of Karnataka’s farmers?
Dinesh Unnikrishnan123 •Farm loan waivers by state-governments act as a band-aid that covers the wound. They have failed to resolve agrarian distress in the world’s sixth-largest economy
Narendra Modi to address farmers' rally in West Bengal's Midnapore today, will focus on Centre's decision to hike MSP
•Prime Minister Narendra Modi will address a farmers rally on Monday at Midnapore town in West Bengal focusing on the Centre's recent decision to increase the minimum support price (MSP) of Kharif crops.
Inflation hits 5 month high, IIP at 7-month low: Why the twin shocks present a tough dilemma to the MPC
Dinesh Unnikrishnan123 •In an election year, when growth is on a slippery note, the RBI will face pressure to cut rates. But, if inflation continues to rise, rate hikes will be inevitable
RBI will go for another 0.25% rate hike in August MPC meeting; MSP hike to spur inflation: BNP Paribas
•It said the price is higher than the RBI's medium-term target of 4 percent and the risks to inflation going forward are tilted on the "upside"
Reserve Bank of India expected to raise interest rates in August; to go for more hikes this fiscal: DBS
•According to DBS, upside risks to inflation and a need to maintain financial markets' stability will keep monetary policy on a tightening bias.
India can become world's fifth largest economy provided growth momentum continues, says Arun Jaitley
Fp Staff •Union minister Arun Jaitley says world's sixth largest economy is in a stable condition
At rally in Punjab's Muktsar district, Narendra Modi says farmers are relieved after MSP hike, but Congress losing sleep
Fp Staff •Prime Minister Narendra Modi was addressing a farmer's rally in Punjab — jointly organised by the Shiromani Akali Dal (SAD) and the BJP in the view of the hike in MSP.
Centre's MSP hike is damage control move by govt to cover apathy, says Congress leader Radhakrishna Vikhe Patil
•Leader of Opposition in Maharashtra Legislative Assembly Radhakrishna Vikhe Patil on Tuesday termed as a "damage control exercise" the Centre's move to hike the MSP of Kharif crops to 1.5 times the cost of production.
Farm loan waivers to touch $40 billion by 2019 Lok Sabha elections, says Bank of America Merrill Lynch report
•Farm loan waivers, along with minimum support price (MSP) hikes, will support rural demand at a time of stress, says the report