Revival of demand, investment top priority: RBI annual report

Mumbai: Reviving consumption demand and private investment remains the top priority in the current fiscal, the Reserve Bank of India (RBI) said on Thursday, signalling the possibility of at least one more interest rate cut this year. To revive growth, governor Shaktikanta Das asked banks to pass on past rate cuts to borrowers at a faster pace by linking lending […]

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In Charts: Is India Really Seeing A Revival In Private Investment?

Lack of private investment has been the Achilles heel of the Indian economy for the last few years. While consumption and government spending have held up growth, private investment has remained sluggish for a number of reasons including excess capacity and the twin balance sheet problem. There is now early optimism that the investment cycle […]

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