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Business Tit-Bits: Will rate cuts revive the economy?


Ever since Shaktikanta Das has taken over the reins of the RBI, he has affected rate cuts. There have been three rate cuts this year totalling a 0.75% already, which now bring down our repo rates to 5.75%, the lowest in 20 years. Rate cuts are being used as a tool to kick start our sagging economy. Our business and finance editor Mr. Akhilesh Bhargava makes a case for a cut in interest rates and explains how such rate cuts are not the only tool the government should use to revive the economy. #RBI #ShaktikantaDas #AkhileshBhargava

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