Economists predict interest rates will stay high due to inflation exceeding the Reserve Bank of India’s target. Despite this, government officials are urging rate cuts to stimulate the economy. Experts highlight that while lower rates can encourage spending and investment, other factors like income and capacity utilization play a significant role.
Related Posts
Stock market today: BSE Sensex opens 250 points up; Nifty50 near 24,650
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, surged in opening trade on Tuesday. While BSE Sensex was above 80,600, Nifty50 was […]
SC’s DND Flyway order gives blow to IL&FS shareholders
A Supreme Court order has affected the sale of Noida Toll Bridge Company. The sale was expected to generate substantial revenue for IL&FS shareholders and […]