AA Edit | Inflation fall hiding slump?

There is some speculation that the Fed Reserve is likely to slash interest rates to boost economic growth.

AA Edit | Inflation falls, RBI still cautious

Higher liquidity in the system has impeded the transmission of policy rates and interest rates continued to remain relatively low.

RBI governor Shaktikanta Das said the Central bank will auction bonds to suck out excess liquidity from market to tame inflation.

At the start of this financial year, there were apprehensions of the national economy growing much above six per cent.

The Reserve Bank of India has now decided the party is over for the pink slip

Returning to the 7.0 to 8.0 per cent growth path is the only way in which the next decade can hope to be dubbed as “Amrit Kaal”

Since May this year, the RBI has undertaken a series of moves on the money supply side to handle inflation

This latest increase in the key rate follows a surprise 40-bps repo rate hike on May 4

The contingency risk buffer has also been retained at 5.5 per cent

The RBI decision shook the Indian equity markets, with the Sensex losing over 1,300 points and the Nifty shedding over 300 points