“RBI needs to be more responsible,” Yashwant Sinha The former finance minister, Yashwant Sinha was critical of the Reserve Bank of India. He emphasised that the RBI needs to reduce interest rates. The central bank has been stingy in reducing repo rate, especially now that the inflation is[…]
Read MoreRATE CUT MAY NOT BOOST GROWTH, AIAI Industry and Trade was expecting minimum rate cut off 100 BPS in view of the slow-down, which would have resulted in growth in industrial production and infra sector, said Vijay G. Kalantri, President, All India Association of Industries (AIAI). AIAI[…]
Read MoreAIAI Recommends for Reduction in Interest Rate to 2% In view of the macro-economic parameters, there has been an encouraging growth in the manufacturing sector, supported by the service sector. Further with predictions for a normal monsoon this year, there is optimism for India’s economic growth. All India[…]
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