“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[…]
Read MoreAIAI on One year of Modi Government Within one year the Prime Minister Narendra Modi Government has put India firmly on the global map, His efforts to reach out to the world to do business with India has created a positive awareness and curiosity about India’s potential and[…]
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European nations want to invest in India, but with less bureaucracy H.E. João Cravinho, Ambassador of the European Union (EU) spoke positively of the relations between European countries and India. However, he urged the Indian government to break the walls around, that deter foreign investors from doing trade with[…]
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