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RBI to go for another rate cut to spur growth

A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages.Economy watchers contend that subdued food prices coupled with growth concerns allows RBI to aggressively cut key lending rate. Market observers have prescribed a

India’s economic growth will bounce back: K.V.Kamath

BRICS New Development Bank chairman K.V. Kamath said that the slowdown in the Indian economy is only a transitionary phase and it will bounce back due to the successful implementation of the structural reforms that includes the positive impact of GST followed by demonetisation. Kamath said, “There are whole lot of positives as far as

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Slowdown in economic growth due to note ban: Former PM Manmohan Singh

Former prime minister Manmohan Singh attributed the sharp slowdown in the country’s economic growth to the note ban decision taken by the Centre last November. The step, that involved withdrawing almost 86 per cent of the currency from circulation, was meant to flush out black money from the economy, slash at the roots of terrorist

Infrastructure key to economic growth: Jaitley

New Delhi: Union Finance Minister Arun Jaitley on Thursday said that infrastructure is the key to economic growth. Jaitley said this in his inaugural address at the BRICS (Brazil, Russia, India, China and South Africa) India 2016 seminar on “Best Practices in Public Private Partnerships (PPPs) and Long-term Infrastructure Financing”. The one day seminar was