The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data
The Reserve Bank of India lowered its benchmark repurchase rate by 25 basis points to 5.15 per cent on Friday, in line with the forecasts of a majority of economists
Business activity contracted in Q2 FY20, the first contraction since 2013-14 and the second since the global financial crisis
According to BIS, NDFs in six currencies account for two-thirds of the trade in the NDF globally
As lenders stop new credit, builders are forced to offload properties
The drop in the central bank's outlook is more glaring if the entire rate cut cycle is considered
The RBI's action was also influenced by central banks globally, especially those of the emerging markets
13 filings made with Sebi until Sept; figure stood at 24 last year
RBI will extend the collateralised liquidity support on NEFT, which is currently available till 7.45 pm on working days, round the clock.
The RBI will not allow any cooperative bank to collapse, said Das
The move would go some way in improving consumer sentiment in the festive season, which is a crucial period for real estate sales, Puri added.
Industry's reaction came as the central bank slashed its benchmark lending rate by 0.25 percentage points to 5.15 per cent.
Indian companies cannot set up their subsidiaries through their foreign wholly-owned subsidiaries or joint ventures
The six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points to 5.15 per cent
The income and loan limits to classify an exposure as an eligible asset were last revised in 2015
The cut in GDP projection for FY20 is curious because it is also an admission that these 135 bps cuts in interest rates will not have a major impact on growth this year
India's economy has been hobbled by a demand slump, prompting policymakers to step up fiscal and monetary stimulus to revive growth
The idea behind the mela is that it will revive demand in a sluggish economy
Poor cash collections were at the centre of HDIL's problems, said analysts
Companies launch new projects when their existing capacity for production is likely to be breached