The RBI has cut rates by 1%. The Repo rate is now 6.5% and the reverse repo is 5%. Just 1%? I believe a much bigger response is necessary, but then ...
As of Friday midnight, four hours from now, the prices of Petrol and Diesel in India will be down by Rs. 5 and 2, respectively. A cut in diesel prices is ...
Kaushik has started an interesting series: A daily dose of deflation. (Read his introductory post) Very important news – often overlooked because falling ...
RBI has announced a 1% drop in Cash Reserve Ratio (% of deposits that get deposited in RBI) and a 1% drop in the Statutory Liquidity Ratio (% of deposits in ...
What a day! My net connection was fried so I was over at Kaushik’s place watching the drama unfold. From an open 4% down, the index promptly went to a ...