RBI rate cut - HIghlights

RBI rate cut - HIghlights

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Deal Subedar
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- RBI delivers on a 25 bps rate cut, on expected lines
- The apex bank highlights growth concerns
- Accommodative stance leaves room for more rate cuts
- Growth revival now hinges on fiscal policy
- Little headroom for expansionary fiscal policy
- In the absence of growth, markets might find it difficult to defend current valuation

8 Comments  |  
9 Dimers
Hamster
Entertainer
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RBI has become a remote control after Urjit Patel quit. Real inflation on ground is increasing everyday. Pulses prices increased almost 25%, vegetables prices doubled, petrol getting costlier every day and lpg price gone up. Only thing cheap is a poor man’s life nowadays which RBI thinks is low inflation. sad

Missing
Deal Lieutenant
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marketdimer wrote:

RBI has become a remote control after Urjit Patel quit. Real inflation on ground is increasing everyday. Pulses prices increased almost 25%, vegetables prices doubled, petrol getting costlier every day and lpg price gone up. Only thing cheap is a poor man’s life nowadays which RBI thinks is low inflation. sad

+1 pensive

2016 06 04 16.18.53
Deal Subedar
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marketdimer wrote:

RBI has become a remote control after Urjit Patel quit. Real inflation on ground is increasing everyday. Pulses prices increased almost 25%, vegetables prices doubled, petrol getting costlier every day and lpg price gone up. Only thing cheap is a poor man’s life nowadays which RBI thinks is low inflation. sad

Well said…. i agree with you….

Missing
Deal Cadet
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marketdimer wrote:

RBI has become a remote control after Urjit Patel quit. Real inflation on ground is increasing everyday. Pulses prices increased almost 25%, vegetables prices doubled, petrol getting costlier every day and lpg price gone up. Only thing cheap is a poor man’s life nowadays which RBI thinks is low inflation. sad

If only they could bring Rajan Sir back. Believe me he was successful in cutting the inflation.
PS – Don’t bring illogical argument against it as all those speculation turned out to be false.

Ori
Deal Major
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Rajan won’t be back under Modi for sure grinning

His age after Modi raj would reach 60+

Papu should have brought him as new PM face from Congress, this would have affected the results in their favor. But he’s pappu naa confused

Missing
Deal Cadet
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Original wrote:

Rajan won’t be back under Modi for sure biggrin

His age after Modi raj would reach 60+

Papu should have brought him as new PM face from Congress, this would have affected the results in their favor. But he pappu naa confused

Chai Gaya, chowkidar Gaya – next election tak vannakam.

Ab toh pappu kaa hee aasra hai , baaki sab toh beeke huye hai jee. Pappu agar govt ko counter karega toh hee kuchh toh hone wala hai varnaa bhoogto..
Like bhakts , all indians have to say, ModiG kar rahe hai matlab kuchh soch samj ke hee kar rahe honge.

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Deal Subedar
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marketdimer wrote:

RBI has become a remote control after Urjit Patel quit. Real inflation on ground is increasing everyday. Pulses prices increased almost 25%, vegetables prices doubled, petrol getting costlier every day and lpg price gone up. Only thing cheap is a poor man’s life nowadays which RBI thinks is low inflation. sad

And still, BJP’s voteshare and seats got increased. One really has to wonder what is wrong and what is not.

Missing