Topic: RBI rate cut
Why cutting interest rates now has become much more complicated for RBI
One reason for RBI’s reluctance may be worries that deeper rate cuts could worsen outflows and weaken the rupee, according to investors.
Latest inflation data opens room for RBI rate cuts
With inflation expected to decline in the coming months, it will allow the Reserve Bank of India to keep the door open for more policy easing to boost credit demand.
Hope time proves we were right to cut rates early on, says RBI governor Shaktikanta Das
The RBI implemented a series of five consecutive rate cuts starting February this year by a cumulative 1.35%, a move, governor Shaktikanta Das says, had surprised markets early in the year.
RBI set to cut rates 6th time this year but all eyes on its growth forecast
A majority of economists surveyed by Bloomberg News expect a quarter-point cut, with the rest expecting reductions of 15 to 50 basis points.
RBI has no option but to cut interest rates this week after Q2 growth slumped to 4.5%
RBI has already cut interest rates by 135 basis points in five moves this year & last week’s weak data gives it added reason to continue pushing for growth.
Why Indian economic tiger became puppy with tail between legs & what markets want Modi to do
The economic crisis can be fixed only with genuine, brave reform. If this Modi govt can’t do it, it will confirm fears that it has lost its mojo.
Stock market suffers worst this week after RBI announces repo rate cut by 25 bps
The S&P BSE Sensex fell 1.1% and NSE Nifty 50 Index was down by 1.2% which marks the worst performance since May.
RBI’s 5th repo rate cut this year decade’s lowest, making home and auto loans cheaper
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.
Pakistan’s diplomatic offensive, Ajit Doval’s street meal & RBI rate cut lead frontpages
Your daily news capsule.
RBI has done its bit to boost India’s economic growth, now the govt needs to do its share
The govt should restore Department of Economic Affairs’ role of pushing for reform & productivity growth by looking beyond short-term & sectoral issues.
Don’t go looking for fire in TV news anchors’ belly. It’s China, not Pakistan
Be it Aaj Tak, ABP News, Zee News, or Republic TV, there was no fire and brimstone, no grand claims of India destroying enemy China, all of which is reserved for Pakistan.
Stray trains: Poor planning by Indian Railways or overwhelming load on some routes?
The Indian Railways reacted to the controversy over ‘stray trains’ by calling it “route rationalisation” of Shramik Specials, which are meant to ferry migrant workers back home.
Defence
India waits for China’s diplomatic words to ‘translate into action on ground’ at LAC in Ladakh
Chinese diplomats said Wednesday situation at the border with India is ‘overall stable and controllable’, and that the countries must ‘enhance mutual trust’.
PM, CM, DM: India’s 3 big power centres have been exposed by one disaster
The prime minister, chief minister and district magistrate are the three engines of India’s governance, but their handling of the coronavirus pandemic is going awry.