Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
James Wilson tracks down discrepancies in the much-hailed demonetisation policy and the subsequent statements of the government and the Reserve Bank of India.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
Opt for an affordable house on a metro's periphery, invest and wait it out.
Bringing in the untapped informal sector into the formal one will benefit business.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
They believe that long-term story is intact.
'There is no change in the overall story of economic recovery.'
The government has provided a long-term vision.
