CPI

Housing Demand to Improve with RBI’s Rate Cut
After leaving the repo rates unchanged for five times in a row, Reserve Bank of India Governor finally announced the much-awaited cut in the interest rates by 25 basis points. The cash reserve ratio (CRR), however, has been kept unchanged at 4 per cent. This drop in the rate is RBI’s first positive step of […]

JLL: Reaction to the RBI Monetary Policy – Cautious But Positive!
The monetary policy announced today indicates that the RBI is of keeping a close eye on inflation rather than facilitating growth just as yet. This makes sense. Globally, emerging markets (including India) continue to remain vulnerable from decisions by US Federal government on withdrawal of stimulus, as well as geopolitical tension in the Middle East […]