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.
Whether it is due to the alleged unofficial ban on The Bengal Files or allegations by Gopal Mukherjee’s family against Agnihotri, everyone in the state wants to know more about Mukherjee.
As devastated farmers begin to come to terms with the fallout, 4 lakh hectares of land under paddy cultivation across state is flooded. Punjab is among the biggest contributors to PDS.
New Delhi: Army chief General Upendra Dwivedi has strongly backed the idea of theaterisation, saying it is inevitable and the need of the hour.
Speaking...
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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