Despite lowering inflation projections just two weeks ago, the tone of the minutes show the debate was veering toward a possible interest rate increase and...
Investment banks such as Goldman Sachs Group Inc. expect India to grow at 7.6 %. The pace is probably insufficient for PM Narendra Modi to create enough jobs in time for the national elections due next year.
RBI to announce monetary policy today; interest rates tripled from 1.25 per cent to 3.2 in past 14 months, says Bhalla, a member of PM’s eco advisory panel.
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.
Arent there a couple of jokes about economists predicting the next recession?