RBI Governor Sanjay Malhotra | Photo credit: PTI The possibility of a slowdown in growth momentum in the second half of FY26 and the first half of FY27 due to headwinds from trade and rate-related uncertainties prompted the RBI’s six-member interest rate panel to opt for a growth-supportive rate cut of 25 basis points (bps), […]
The Indian economy has to do with some obstacles because of the recently imposed rates, but strong local demand, falling raw materials and supporting policy can help alleviate the impact, according to the Independent Economist and Monetary Policy Committee (MPC) member Saugata Bhatacharya. Bhattacharya now spoke with ET that if the 50% rate remains due […]