The Reserve Bank of India (RBI) is expected to keep policy rates unchanged at a six-weekly rate review on Tuesday, ending a year-long cutting cycle as it focuses instead on underpinning the plunging currency.
Rather, the existing ones should be implemented speedily to clean up the mess.
The top posts on social media from your favourite Bollywood celebrities.
No word on appointment of Shagun Kapur Gogia
The central bank has, so far, cut its repo rate by 125 bps.
RBI has, since January, cut its policy rate four times.
2013 foreign currency non-resident deposits to mature in Sep-Nov
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
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