He said that in a scenario where inflation is under control, the quantum of interest rate cut is “the prerogative of the RBI”.
Posts in category Business Standard
Government plans to amend RBI Act by Feb to set up monetary panel (31-08-2015)
Retiring finance secy Mehrishi said the composition of the panel would reflect the views of Rajan, the government and lawmakers
Now, Flipkart will refund your money within 24 hours (31-08-2015)
The instant refund will be completed using Immediate Payments System transfers
Rajiv Mehrishi appointed home secretary (31-08-2015)
Mehrishi succeeds L C Goyal, who has taken voluntary retirement
No dialogue with India unless all issues on agenda: Pakistan (31-08-2015)
Sartaj Aziz made the comments in the backdrop of heightened tensions along the border and LoC
AP Assembly: YSRCP corners govt on stampede, special status issues (31-08-2015)
The Monsoon session of the Assembly started today and is expected to last a week
IDBI Bank gains on board nod for FCB upto $7.5 billion (31-08-2015)
The board has approved foreign currency borrowing limit upto $7.5 billion
Obama to rename tallest US peak as ‘Mount Denali’ (31-08-2015)
Mount Denali, an Athabascan name used by generations of Alaskan natives, means “the great one”.
Act on terror safe havens: US to Pakistan (31-08-2015)
Pakistan has been asked to take concrete steps against the dreaded Haqqani network responsible for major attacks on American installations in Afghanistan
102 stocks outperform markets in August (31-08-2015)
La Opala RG, Jubilant Life, 3M India, Chennai Petro, Ceat, Symphony, Escorts and FDC have rallied more than 15% each during the month.