IIP growth touches 3.4%, with impressive growth in capital and consumer goods: CARE Ratings

Care Ratings have suggested that the IIP growth for April at 3.4% had an impressive start after a negative growth in March. The projection was 1.2%. However, it is... Read more »

RBI cuts rate for second time in a row

The Monetary Policy Committee (MPC) held its first bi-monthly policy statement meeting today. The meeting discussed various current and impending macroeconomics situations. The committee decided to reduce the policy repo rate... Read more »