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 too early to... Read more »
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 under the liquidity... Read more »