Standard Chartered also expects a firmer signal, which could be the need of the hour if another surge in infections is completely ruled out
The RBI has lowered the country's projection for the current financial year to 9.5% from 10.5% in an earlier estimate
Investors are advised to seek out fundamentally resilient stocks and resist the urge to invest in fancy fast-moving stocks
The MPC, a six-member team headed by RBI governor Shaktikanta Das, had left the rates unchanged last time, citing concerns about inflation.
The fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announce
The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based, the MOC said
Industry body Assocham said that this decision would also get immense support from a slew of other critical measures announced by RBI
Movement is repo rate, reverse repo rate and cash reserve ratio affects the interest you earn and the EMI you pay
Many people have often ignored that India witnessed a transition from a moderate inflation economy to a low inflation economy (a 4% inflation rate for
The RBI is slated to announce its first bi-monthly monetary policy of the 2021-22 fiscal on April 7, 2021 after a three-day meeting of the MPC headed