India Inc. reacts to RBI’s rate cut decision
The MPC’s decision to continue its accommodative policy stance as long as it is necessary to revive growth cheers industry.
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RBI slashes repo rate by 25 bps to 5.15%
The central bank, according to the policy statement, intends to continue with an accommodative stance as long as it is necessary to revive growth, while ensuring inflation remains within target.
RBI cuts repo rate to arrest slowdown
The 35 basis point repo rate cut is not the first unconventional rate action from the central bank as two repo rate actions in March 2003 saw a 40 and 10 basis points reduction in a matter of 13 days.
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
RBI’s MPC cuts repo rate by 25 bps
The Monetary Policy Committee cuts repo rate by 25 bps again, retains stance at neutral and cuts FY20 GDP forecast.
RBI surprises with a 25 bps rate cut
Monetary Policy committee changes stance to ‘neutral’; cut in benchmark rate will lead to savings for homebuyers, say experts.
‘The days of cheap money are behind us’
Saurabh Mukherjea, founder of Marcellus Investment Managers, expects sluggish GDP and earnings growth in FY19 and FY20. But, he says, there are still outperforming stocks for the taking.
Much ado about something
Does the RBI hamper growth, and obstruct the major objective of the government – creating jobs and alleviating poverty?
See Nifty at 12,400 in 2019: HDFC Securities
Despite significant correction in 2018 and a general election around the corner, HDFC Securities believes lower crude prices and robust domestic inflows can take the markets to new heights in 2019.
RBI’s governance needs examination: Board
Post the first meeting under the chairmanship of newly appointed governor, Shaktikanta Das, the RBI’s central board said the governance framework required a closer look.
