with an interest rate cut even though he had drawn up a fiscal consolidation roadmap. He made this famous statement then: “Growth is as much a challenge as inflation. If the government has to walk alone to face the challenge of growth, then we will walk alone.” Subbarao turned out to be right, for he has seen
about 2 hrs 25 min 31 sec ago
You cannot predict the impact( how severe) of a rate hike which seems immenent for RBI , especially on rate sensitives like banks, realestate , autos. and when every where else rate cut , we raising rates will send an alarming signal and even possibility of soverin downgrade
about 9 hrs 37 min 25 sec ago
Whether tapering starts in December or not, FII need to prepare for the enevitable. Besides, dismal IIP may have some bearing, even though FIIs weighs more on inflation front. So they will not exactly cheer up on the Nov CPI tomorrow. Now the rate cut hopes r buried n they start to incorporate
8.58 PM Dec 12th
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