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RBI's 25-bps cut seen as appropriate, leaving policy room if growth weaken
Updated : 6 months ago IST
The Reserve Bank of India's 25-basis-point repo rate cut in its Monetary Policy Committee meeting today was quite appropriate decision taken at a time of unusually low inflation and expected moderation in economic growth.
Experts welcome moderation of inflation in July, but warns of continued in
Updated : 1 year, 9 months ago IST
Rajani Sinha, Chief Economist at CareEdge, noted, "Despite the moderation in the inflation of the food and beverage basket when compared to last year, the sequential momentum remains strong, with a 2.5 per cent M-o-M increase in prices, higher than an average sequential grow."
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