It’s the economy, stupid! RBI loves taking bold moves
RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
It’s growth all around: in GDP figures, tax collections, credit, deposits, housing prices and more. In this edition, we look at what it all means.
India’s earning a tidy bit of foreign exchange, as its capital account surplus trumps a falling current account deficit. An RBI MPC meeting has just begun. And February sees paltry tax collections.