But, there are limits to the effectiveness of monetary policy in a demand-constrained economy with ‘weak consumer sentiment’ It was an anxious Monetary Policy Committee
Month: October 2019
NITI Aayog’s Rajiv Kumar for more reforms in banking sector – The Hindu BusinessLine
NITI Aayog Vice-Chairman Rajiv Kumar on Friday called for further reforms in the banking sector after the recent recapitalisation and mergers, saying banks need autonomy
Number of distressed real estate developers doubles after collapse of IL&FS – The Hindu BusinessLine
As many as 421 real estate developers entered bankruptcy court by the end of June The number of Indian real estate companies tipped into insolvency
HDIL homebuyers send SOS to PM Narendra Modi – The Economic Times
A group of aggrieved homebuyers of the scam-hit realty developer HDILNSE -4.11 % have written to Prime Minister Narendra Modi seeking his intervention to resolve their distress. The Whispering Towers Flat
Growth not my baby, says the RBI – The Economic Times
The RBI has tossed the ball firmly into the government’s court. The Monetary Policy Committee has cut the repo rate by 25 basis points; not 35, as
RBI Monetary Policy | Shaktikanta Das: How Shaktikanta Das tackled four uncomfortable questions–Economic Times
Here are the top questions that assume significance in the backdrop of the current economic slump: The most important question The cut in FY20 real
In a first, realtor moves UP-RERA against home buyers – The Economic Times
A real estate developer has moved the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) against buyers for not taking delivery of their homes, making it
Ashok Leyland to suspend manufacturing at plants for up to 15 days this month – The Economic Times
Commercial vehicle major Ashok LeylandNSE 0.59 % on Friday said it will suspend manufacturing at its various plants for up to 15 days this month in order to adjust
Personal Finance loans: 5 changes that will impact your personal finances from October 1
Here is a look at those five changes and how it can impact your financial decisions and finances. External benchmarking of loans As directed by
GSTR-9 due date: GSTR-9 is exceedingly complex. Things to consider in simplifying it
By Archit Gupta The Goods and Services Tax has been the most important indirect tax reform of India. GSTwas introduced with a noble objective of
Growth revival not by monetary policy–Economic Times
The Monetary Policy Committee’s (MPC) decision to lower the repo rate for the fifth time in a row but by only 25 basis points sends
Time to do away with fiscal responsibility law? No virtue in stipulating 3% | Business Standard Column
The time may have come to bid goodbye to the law on fiscal responsibility, because it is doing more harm than good. No deficit target
RBI sticks to familiar script, cuts repo rate by 25 bps to 5.15% | Business Standard News
The Reserve Bank of India (RBI) in its fourth monetary policy review this fiscal year on Friday reduced the policy repo rate by 25 basis points (bps), and said
RBI policy: A cut in rate was expected; a cut in GDP growth target was not | Business Standard News
It was widely expected that the Reserve Bank of India (RBI) would cut interest rates on Friday for two reasons. The first is that by now it
RBI won’t let any cooperative bank collapse, banking sector stable: Das | Business Standard News
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday tried to assuage fears about the banking sector, reeling from one crisis after another, by claiming that
This may not be the last rate cut by RBI this year; interest rates may fall below 5%, here’s why – The Financial Express
Bank Interest Rates: The Reserve Bank’s decision to cut short term inter-bank lending rate by another 25 basis point may not be the last rate cut
Growth, not inflation,over-riding concern: Shaktikanta Das on 5th rate cut – The Financial Express
Reserve Bank governor Shaktikanta Das on Friday said the fifth straight rate reduction to a decadal low of 5.15 percent was necessitated by the growing
Monetary easing is fine, but not enough – The Hindu BusinessLine
Lower rates and fiscal stimulus alone will not spur growth. Structural constraints, economic and financial, need to be addressed Himadri BhattacharyaWith a 25-basis point cut
Monetary accommodation continues in push for growth – The Hindu BusinessLine
But, there are limits to the effectiveness of monetary policy in a demand-constrained economy with ‘weak consumer sentiment’ It was an anxious Monetary Policy Committee
Grant Thornton appointed to investigate Rs 4,355-crore PMC Bank fraud – The Economic Times
The government has roped in Grant Thornton to carry out forensic investigations into the fraud hit Punjab and Maharashtra Cooperative (PMC) Bank, said four persons with direct