Nadda went door to door in Delhi's Wazirpur, seeking votes for his party's candidates in the upcoming municipal elections. He interacted with the locals and handed out copies of the party's 'Sankalp Patra' (manifesto).
The global financial services major said RBI has to bring down inflation expectations and it is still too early in the rate easing cycle for it to turn dovish.
The US Federal Reserve should delay a rate hike until the first half of 2016 until there are signs of a pickup in wages and inflation, the International Monetary Fund said in its annual assessment of the economy on Thursday.
The decision to leave the cost of borrowing unchanged was widely expected after the ECB cut rates to rock-bottom levels last September and said they had hit "the lower bound".
V Raghu, executive director, Repco Home Finance says the company will pass on lower rate benefits to its customers if the central bank decides to lower rates anytime soon.
Realty developers are hopeful of clearing a large portion of their inventory pile-up during this festive season by luring in buyers with freebies and discounts, even as they sit tight on declared prices, said industry experts.
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