RBI rate cut - HIghlights

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BAT_MAN

- 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

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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

Deal Major Deal Major
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+1 pensive

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Deal Cadet Deal Cadet
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True

Pro Tech Guru Pro Tech Guru
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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

Deal Cadet Deal Cadet
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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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