Lower lending rates following a series of policy rate cuts by the Reserve Bank of India and a sharp cut in the corporate tax rates will spur a recovery in India next year, a report said on Monday.
The report further said that the government's new procurement policy will support prices of agricultural produce going ahead.
The Monetary Policy Committee, headed by RBI Governor Urjit Patel, today decided to keep the key policy rates unchanged, while marginally slashing its growth projection for the current fiscal
The RBI is likely to maintain status quo at its monetary policy review on Wednesday as it would like to gauge the impact of GST rollout on inflation, experts say.
The Reserve Bank of India’s surprise on Wednesday move to keep short-term lending rate unchanged despite the cash crunch led to the benchmark BSE Sensex dropping 155.89 points to close at 26,236.87 points
New Delhi: A day after the Reserve Bank cut policy rate by 0.25 per cent, Deputy Governor S S Mundra today expressed hope that transmission of lower interest rate through banks will be more effective
New Delhi: The Reserve Bank of India (RBI) could cut policy rates by 75-100 basis points starting early 2015 even if the Federal Reserve hikes rates next year, Bank of America-Merrill Lynch has said in
New Delhi: Foreign brokerage HSBC on Thursday said the uptick in retail inflation in March, coupled with fears of the El Nino factor spoiling the monsoons this year, may result in some hike in policy
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