The RBI has cut key policy rates by 25 basis points in the central bank's third consecutive rate cut, which comes amid slow growth for the fourth consecutive quarter.
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.
Fourteen million refugees, and 25 million facing acute hunger, should be reason enough for the world to dismantle the dystopia in Sudan — even if the sadism of its rulers is not.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
As part of a much larger initiative to restore the economy to health, rate cuts might do some good. However, if no meaningful reforms are contemplated, the RBI dutifully cutting rates – amidst a drought of liquidity – is as effective as pushing a string.
As part of a much larger initiative to restore the economy to health, rate cuts might do some good. However, if no meaningful reforms are contemplated, the RBI dutifully cutting rates – amidst a drought of liquidity – is as effective as pushing a string.