It’s the economy, stupid! Repo rate redux
The RBI does not cut repo rates yet again. But is its calculus starting to change? Or are the risks of a rate cut simply too big to ignore?
The RBI does not cut repo rates yet again. But is its calculus starting to change? Or are the risks of a rate cut simply too big to ignore?
The RBI gives the government an unexpected bonanza. India, meanwhile, receives very little foreign investment. And other stories.
With a strong economy and falling inflation, RBI keeps rates where they are. Automobiles don’t sell, services exports fall, but power generation stays robust. And more.