The year 2022 saw the Reserve Bank of India (RBI) start acting on the policy repo rate after a gap of two years. Illustration: Dominic Xavier/Rediff.com The six-member monetary policy committee of......
Economists caution that the underlying cause could be an alarming drop in demand -- something that’s not good for economic growth. Economists are not enthused about the trade surplus......
The central bank is the money manager of the government, and not a guarantor of any debt. The Centre’s move to find an alternative arrangement for paying states their due on Goods and......
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room......
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely. Economists and bank treasurers are......