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Will RBI cut rates?
The macroeconomic indicators are all blinking red. Inflation doesn't seem anywhere near the Reserve Bank of India's (RBI) comfort level, growth has plummeted and the Union Budget's fiscal consolidation plan has under-priced subsidies again. None of these factors seems to suggest a rate cut is imminent. Additionally, RBI's intervention in the foreign exchange market to support the rupee has resulted

Bankers seek steep rate cuts

Bankers have asked the Reserve Bank of India (RBI) for a steep reduction in the cash reserve ratio (CRR) and the repo rate in the annual policy review scheduled for April 17. The request was put forth

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India Inc asks for cut in policy rate

India Inc on Tuesday asked the Reserve Bank of India (RBI) to cut policy rates at its policy meeting for 2012-13, to propel sagging economic growth. RBI Governor D Subbarao met Finance Minister Pranab

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Call rates to stay high this week
The overnight call money rate is expected to remain elevated this week, as banks have fewer working days to borrow and cover reserve needs for the fortnight ending April 6.

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7.6 % GDP growth expected in 2012-13

Indian economy is estimated to grow by 6.9% in 2011-12 mainly due to weakening industrial growth while the Economic Survey also expects the growth rate of real GDP to pick up to 7.6% in 2012-13 and

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Economic Survey Highlights: FY13 growth seen at 7.6 pct

The economy is seen growing at around 7.6 percent in the next financial year, rebounding from a three-year low of sub-7 percent growth in the 2011/12 fiscal year that ends on March 31, a finance

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