The repo rate is the rate at which the RBI lends money to commercial banks. Which means that home, auto and personal loans are likely to get more expensive.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
Bond yields are hardening. Not sure how much of an elixir a single 25 basis points cut can prove to be for the economy. If this is followed by a Delivered as Desired report from Dr Bimal Jalan, followed by a swift transfer of RBI’s reserves to the government, that would create the impression that the RBI is now a part of the finance ministry.
Bond yields are hardening. Not sure how much of an elixir a single 25 basis points cut can prove to be for the economy. If this is followed by a Delivered as Desired report from Dr Bimal Jalan, followed by a swift transfer of RBI’s reserves to the government, that would create the impression that the RBI is now a part of the finance ministry.