Causes for Fiscal Distress in Rural India

While there have been several media reports about how the precarious fiscal position in Rural India has lead to a slowdown in the FMCG sector of India, causing the food giants Britannia and Parle to slash production and jobs, respectively, ..

Goldman Sachs lists challenges for Indian Economy

The international financial conglomerate Goldman Sachs has listed weak investment and muted monetary transmission as two of the greatest challenges for the Indian Economy. What has happened? The Indian GDP growth had increased for an average of 6.7% in the ..

How India can be a USD 5 trillion economy?

While Prime Minister Narendra Modi has promised to make India a USD 5 trillion economy by 2025, significant challenges still stand in way of India and its goal. For starters, the Indian economy has a size of USD 2.98 trillion ..

RBI Cuts Repo Rate

The Reserve Bank of India (RBI) in its monetary policy review undertaken by the Monetary Policy Committee (MPC) has made the following decisions: RBI cuts repo rate to 5.4% from the current 5.75%. Reverse repo rate under liquidity adjustment facility stands ..

Monetary Policy tweaks by RBI

The Reserve Bank of India (RBI) reduced the interest rate by 35 basis point (0.35%). This is the fourth successive reduction in the repo rate. What is the repo rate? The repo rate is the rate at which the RBI ..

US Federal Reserve’s Rate Cut: Impact on India

The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke in 2008. The rate cut marked a departure from the hawkish rate-hike ..