‘Inequality has grown enormously everywhere’
In a conversation earlier this year, Banerjee spoke to Fortune India about a host of economic issues, including the performance of Modi 1.0.
monetary policy
October 2019
August 2019
June 2019
April 2019
January 2019
December 2018
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.
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.
Monday blues for equity markets
While broader indices Sensex and Nifty 50 fell over 701 and 214 points respectively in intraday trade, S&P BSE MidCap and SmallCap fell 2.15% and 2.59% to record new 52-week lows.
Market watch: Look beyond Sensex, Nifty swings
In 44 trading days, benchmark indices Sensex and Nifty fell 7.82% and 9.03%, respectively, while the midcap and smallcap indices hit 52-week lows on August 2.
RBI does a hat-trick on rate cuts
The central bank delivered a third 25-basis point cut in repo rate in a row, but its dovish views on the economy and inflation pull stock market indices down.
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.
‘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?
