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.
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.
Despite RBI's two interest-rate cuts this year, borrowing costs aren’t coming down fast & liquidity has also dried up due to cash demand for elections.
Reassurance that isn’t
Apoorvanand |The writer teaches Hindi at Delhi University
Indian Express
Apoorvanand is disturbed by The Indian Express’s use of the word “magnanimous” to describe...
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Speaking to ThePrint, Salman Akram urges dignity in tragedy, recalling the loss of his brother, Wing Commander Nauman Akram, in similar crash & the mockery his family faced after.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
A 25 basis points cut – how much more gunpowder is now left with the RBI – seems too tepid a response to the growing malaise in the economy. Whatever the merits of the move, per se, when there is hardly any liquidity in the system, it will not be passed on. One’s fear is that some such half hearted moves will be seen as all the fix that the economy needs. There is already a sense of complacency – oil coming down to $ 60, the rupee below 70 to the dollar, the rate on government debt below 7%.
The RBI has done what was desired of it.
A 25 basis points cut – how much more gunpowder is now left with the RBI – seems too tepid a response to the growing malaise in the economy. Whatever the merits of the move, per se, when there is hardly any liquidity in the system, it will not be passed on. One’s fear is that some such half hearted moves will be seen as all the fix that the economy needs. There is already a sense of complacency – oil coming down to $ 60, the rupee below 70 to the dollar, the rate on government debt below 7%.