The central bank is likely to cut repo rate for the fifth time in a row
The policy decision will be announced at 11:45 a.m. in Mumbai, followed by a press conference 15 minutes later by Das
The larger problem here is that government finances are already in a hole; that would be a problem even if the tax cut were the best-designed in history
Here's a selection of Business Standard opinion pieces for the day
As the RBI has de-emphasised the concept of real policy rates, forecasting the terminal rate has become more difficult, says Samiran Chakrabarty
Inflation to stay within 4% target, say economists
Inflation in food articles rose to 7.67 per cent during the month as against 6.15 per cent in July mainly on account of rise in prices of vegetables and protein-rich items
CPI-based inflation for first half of the next fiscal, beginning April 2020, has been projected at 3.6 per cent
He said banks have taken this stance despite financial markets, on which they depend for money, moving in tandem with the RBI actions and fully absorbing them rate cuts
If the RBI does cut rates in October and early next year it will be the most aggressive amongst major central banks in easing policy
The RBI reduced its main rate by an unconventional 35 basis points to 5.4%, the lowest since 2010
Perceptions on the general situation and employment softened, finds survey
This survey provides a snapshot of demand conditions in India's manufacturing sector
The Reserve Bank of India on Wednesday decided to reduce the repo rate by 35 bps to 5.40 per cent
The Reserve Bank of India's (RBI) Monetary Policy Committee on Wednesday cut the interest rate by 35 basis points -- the fourth successive reduction -- to a nine-year-low level
Various high frequency indicators, the RBI said, suggested weakening of domestic and external demand conditions.
The detailed instructions in this regard will be issued by the end of September 2019
The NBFC segment has been facing trouble since the collapse of the infra-focused IL&FS in September 2018
Repo rate is the rate at which the central bank lends money to the commercial banks, in case of any shortfall of funds.
In PMI parlance, a print above 50 means expansion while a score below that denotes contraction