RBI must work towards better transmission mechanism, for which India needs deep & liquid bond market, competitive banking sector & regulatory framework.
While RBI Governor Shaktikanta Das led the previous monetary policy committee in cutting rates by 115 basis points, he’s taken a more cautious approach recently as consumer prices spiked.
The repo rate cut, the 5th in a year the economy has seen a slowdown, is aimed at pushing up consumption during festival season by lowering borrowing costs.
While we roll our eyes at the lyrical disaster of Ghafoor, the beat drops, and suddenly we are nodding our heads like we have discovered the anthem of the season.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
No easy choices for the RBI. There is inherent tension between cutting rates to support growth and protecting the Rupee, which has fallen from 84 to 87 in just three months. Plus President Trump’s approach to tariffs will stoke inflation.
No easy choices for the RBI. There is inherent tension between cutting rates to support growth and protecting the Rupee, which has fallen from 84 to 87 in just three months. Plus President Trump’s approach to tariffs will stoke inflation.
disconnection from everyday life cannot be reflected better than this