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
Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
