Also advises imposing a limit on these, beside mandating a system within two months to share information in this regard
Economists point to WPI inflation trend, many think RBI unlikely to move on this before March
The policy guidance marks a clear shift in RBI's monetary policy stance towards addressing growth risks while not de-emphasising the objective of containing inflation
SBI chairman reiterates his stand on abolishing CRR
Says purchase of gilts would be necessary as the reduction would not be enough to ease liquidity
Industry has been going through a phase of high interest rates, declining demand and insufficient working capital
The Reserve Bank of India continues to follow a path of
If rate cuts are pushed to the fourth quarter, the effects will be visible only in the next financial year
The finance ministry will have to rely on the weapons in its arsenal, since monetary policy is not providing the support
If more money comes into the market, it will push up prices. Instead, lowering of rates will not push up inflation
Doing so may enforce good corporate governance but the danger of exposure to harassment remains
The Cabinet reshuffle appeared to have taken the I&B Ministry by surprise
In India, the common investor will continue to bankroll the escapades of the unscrupulous and can expect little succour from regulators and the government
Now the suits, armed with bouquets, are back at Shastri Bhavan after Jaipal Reddy lost the Oil Ministry, so officials can look forward to more visits to the canteen