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Source: Live Mint For decades, India’s salaried class viewed themselves as a minority—sandwiched between the elite and what they believe is the world’s largest population of the “politically pampered”. And in most Budgets, they found the discourse to be dominated by farmers, the poor, women and other groups. Which is why the record ₹1 trillion…
Source: Live Mint Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India’s (RBI) court to deliver the last-mile push to growth with a rate cut next week. A majority of economists believe that the budget has set the stage for a rate cut by…
Source: Live Mint After keeping the benchmark interest rate unchanged for ten consecutive meets, Reserve Bank of India (RBI) is expected to cut the repo rate in the next monetary policy committee (MPC) meet scheduled in December. It is, therefore, recommended to lock your savings in fixed deposits (FDs) for as long as possible, argue…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Business Standard India’s central bank watchers are getting anxious about who will decide interest rates. Image: Bloomberg 5 min read Last Updated : Sep 27 2024 | 10:15 AM IST By Anup Roy India’s central bank watchers are getting anxious about who will decide interest rates in two week’s time, a crucial meeting as…
Source: Live Mint Interest rate is cost of money. Lower the rate, easier it is to borrow. From the equity market perspective, money being one of the inputs for business, performance will be that much better. Not just for production, money finds its way into asset markets as well, e.g. equity market, for deployment. Hence…
Source: Business Standard 3 min read Last Updated : Sep 05 2024 | 10:51 PM IST Notwithstanding a moderation in growth in the first quarter (Q1) of 2024-25 (FY25), the fundamental growth drivers of the economy are gaining momentum, instilling confidence that India’s growth story remains intact, said Reserve Bank of India (RBI) Governor…
