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Proposed steps by NITI Ayog to slow economic decline in India

The Indian think-tank, the NITI Ayog has declared that the current economic situation in India is unprecedented and nobody had faced this type of a situation in the past 70 years. The NITI Ayog has also proposed several solutions to sort through the economic mess.  What steps has the NITI Ayog taken? The NITI Ayog ..

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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 lends to the banks of the country. Repo rate is one of the sources of ..

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