Experts see another rate cut in the calendar year 2019 as the RBI governor Shaktikanta Das clearly stated to focus on the economic growth with the headline inflation projected to remain soft in the near-term.
The Indian economy is showing signs of recovery as corporate numbers for Q3FY18 has improved.
Markets continue to remain volatile after rising US government bond yields triggered global sell off. BSE Sensex has lost over 2040 points since the budget day.
Out of 7,659 listed companies, 284 stocks were trading at a discount to their face value on 1 March 2018.
The recent market volatility has eroded investors wealth worth Rs 4.14 lakh crores since 31 Jan 2018.
Finance Minister Arun Jaitley proposed to cut the corporate income tax rate to 25 percent for companies with a turnover of upto Rs 250 crore.
BCCI donates IPL opening ceremony funds of Rs 20 crore for welfare of armed forces
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Facebook fixes glitch that exposed millions of user passwords to employees
No political campaign to be allowed on major social media platforms in last 48 hours before polls
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