RBI’s MPC announcement to reduce the policy repo rate by 25bps to 6% and adoption of accommodating stance will provide a cushion to Indian economy from adverse effects of global economic uncertainty, while at the same time boost economic growth, said Mr. Hemant Jain, President, PHDCCI, in a press statement issued here today. Government’s relaxation […]
The post PHDCCI: Repo Rate Cut a Dual Boost for Industry Growth and Consumer Confidence first appeared on Business News Week.