Appropriate time for a rate cut: RBI governor in policy meet – The Times of India

Appropriate time for a rate cut: RBI governor in policy meet – The Times of India

MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…

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When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India

When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India

The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to…

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Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman – The Times of India

Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman – The Times of India

NEW DELHI: Finance minister Nirmala Sitharaman said Saturday that coordinated fiscal and monetary actions by govt and RBI will help boost consumption and there are initial signs of a good order book for the first quarter of the next fiscal year, which will help boost private investment.“After the budget, the few inputs I have received…

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India’s FDI squeeze

India’s FDI squeeze

One of the narratives of the Bharatiya Janata Party on the eve of the general election in May-June this year was that India, under the Narendra Modi government, was beginning to claim her rightful place in the world. It was growing at 7 per cent, was the fastest growing major economy, was poised to become…

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