gdp india

India’s GDP meltdown: Unprecedented but not unforeseen

India’s GDP meltdown: Unprecedented but not unforeseen

August 31, 2020

The only shock about India’s first quarter GDP numbers is the extent to which the economy has tanked. However, it may not be enough to shake Nirmala Sitharaman out of her stupor. Finally, the cat’s out of the bag. It’s official and on record. The catastrophic drop of 23.9 p...

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RBI Governor announces repo rate cut in India

RBI Governor announces repo rate cut in India

October 7, 2016

In a surprising announcement, current RBI Governor Urjit Patel informed the country about RBI’s decision of slashing the repo rates.   The announcement for a rate cut came as the first policy statement made by Urjit Patel since he took the position of the Governor of the R...

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