In its Fifth Bi-monthly meet for the FY2019-20, The RBI monetary policy committee, MPC decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 4.90 per
U.S. economic outlook is healthy and it should continue to act as the main sustaining force for the global economy unless some failures in individual markets and institutions suddenly and rapidly evolve and spread over the global economy.
The piling up of inventory with the dealers and manufacturers of automobiles are cited as clear indicators of the bad climes we were in. However, the efforts that the present govt is putting is worth appreciating.
Raghuram Rajan conveniently ignored the fact that of increment in saving doesn’t guarantee more purchasing power. And this is what exactly happened during his regime.
Opposition doesn’t utter a word about inflation as it has remained always under control, even when interest rates have slashed and fuel prices hiked.
Is rupee value going to further degrade? Check out here.
We need to focus on these works being done at micro level by the govt rather than indulging into fake havoc of petrol price hike created by the Congress.