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Tuesday, November 5, 2024
TopicInterest rate

Topic: interest rate

Order to withdraw interest rate slashing oversight or election-driven hindsight, asks Congress

Party general secretary and chief spokesperson Randeep Surjewala hit out at Nirmala Sitharaman and said she has no right to continue as the finance minister.

Modi govt withdraws cuts in small savings rates hours after order as Assam, Bengal vote

In a tweet Thursday morning, Finance Minister Nirmala Sitharaman said the order issued by 'oversight,' stands withdrawn.

With inflation set to moderate, RBI could go back to easing interest rates again

Consumer price index figures due Tuesday are expected to show a 5% increase in December, returning to RBI's target range of 2% to 6%.

RBI’s MPC is now decidedly more dovish, the consensus on ‘lower for longer’ rates is proof

Markets expects further interest rate cuts as the monetary policy committee of RBI sees inflationary pressure to ease.

In ‘Diwali bonus’, govt waives interest-on-interest even for those who didn’t opt for moratorium

After its affidavit to SC, govt orders issues waiver norms including cashback by 5 November. All standard accounts up to 29 February eligible for benefits.

Remove sedition law—G Bhatia, Raja Mohan’s lessons from China, Vyas on 4 million new jobs

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

RBI cuts interest rate by 25 bps: Can transmission happen unless PSU banks are reformed?

RBI Monetary Policy Committee cut the interest rate by 25 basis points Thursday, and changed its policy stance from 'neutral' to 'accommodative'

India’s contrarian economist bets RBI will lower benchmark interest rate by 35 basis points

Economist Indranil Sen Gupta's prediction is based on RBI governor Shaktikanta Das’s comments that central banks could be more flexible in the size of rate adjustments.

RBI governor Shaktikanta Das’s idea of a 10 basis points rate cut would be meaningless

A 10 basis points cut would hardly have any impact on the Indian market. Instead, RBI needs to consider bigger cuts to impact interest rates.

RBI’s second rate cut comes amid slowdown of world’s fastest growing economy

The RBI is on course for its most aggressive monetary policy easing in more than 3 years, as it seeks to support the economy in the face of risks both at home and abroad.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.