The drop in sales is indicative of the economic slowdown becoming more entrenched, and will add pressure on policymakers to ease fiscal & monetary policy.
Researchers found that with RBI statements becoming briefer and less complex, it's been easier for investors to understand it and react with lesser volatility.
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.
RBI has to improve monetary policy transmission & undertake reforms like setting up public debt management agency & boosting bond market infrastructure.
The Indian rupee tumbled the most in three months after RBI lowered the repurchase rate but refrained from shifting to a more easy stance on monetary policy.
Monetary policies of People's Bank of China and the Reserve Bank of India have indicated more to come, as both are responding to global headwinds that have local ramifications.
Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Ideology se subcontinental economy nahin chalti. A lightly populated land – although Saudis have been breeding prolifically, starting with the Royal Family – blessed with abundant oil can export Wahabbi ideology and live on spirituality. Not India. Stuff the education sector with the faithful and kiss goodbye to what remains of the demographic dividend. All these steeped in the past ideas are not the raw material of success in a globalised world. Things are coming to a head now on the economy. The wise would move the pendulum back from the religious to the material.
Ideology se subcontinental economy nahin chalti. A lightly populated land – although Saudis have been breeding prolifically, starting with the Royal Family – blessed with abundant oil can export Wahabbi ideology and live on spirituality. Not India. Stuff the education sector with the faithful and kiss goodbye to what remains of the demographic dividend. All these steeped in the past ideas are not the raw material of success in a globalised world. Things are coming to a head now on the economy. The wise would move the pendulum back from the religious to the material.