Stock market behaviour shows that the concept of rational and well-informed investors participating in an efficient and self-correcting market which always gets the stock prices right is deeply flawed

Contrary to popular notion, stock markets have repeatedly demonstrated since the 1929 Great Depression that their performance is not really linked to macroeconomic and business fundamentals

This concluding part narrates the circumstances in which market triumphed over state and spread from developed economies to developing economies, helping the top 1% to accumulate more wealth at the cost of the rest 99%

In a weak demand and oversupply scenario, the prices have indeed come down, especially in metro cities; but waiting for further decline might prove counterproductive

Rising debt of Centre and states is set to weaken the countrys credit profile. What is the way out?

The current low interest rate environment offers a good opportunity for HDFC to borrow short term funds. The current borrowing through non-convertible debentures have a maturity of less than two years

Here's a list of banks that have cut savings account rates - State Bank of India, ICICI Bank, Axis Bank, Kotak Mahindra Bank. Check the latest saving account interest rates offered by banks.

RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds

The one-year MCLR, to which a majority of loans such as residential mortgages and auto loans are tied now stands at 7.70 per cent

The six-month moratorium on loans where the 25-30 per cent of the loan book is locked, has created new cash flow challenges

The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI

The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website

In the week ending May 29, 2020, the banking system liquidity is expected to remain in a surplus position with the growth in the bank deposits and contraction in the bank credit off take

P Chidambaram questioned RBI's decision to infuse more liquidity even though economic growth in the financial year 2020-21 is headed towards negative territory

RBI governor Shaktikanta Das has reduced the repo rate by 40 basis points to 4 per cent - the lowest ever. The repo rate had already hit its lowest at 4.4 per cent in March when the RBI had reduced the rate by 75 basis points. Before this, it had hit the lowest point of 4.75 per cent in April 2009. Further, the central bank has extended the moratorium period on term and credit card loans by another three months until August 31. Watch as Rajeev Dubey, Editor, Business Today, explains the effects of these measures on Indian companies.Coronavirus impact: What the future holds for battered restaurant industry

Even if there is a welcome extension of the moratorium on interest repayment, it has to be repaid as it is a loan and not a grant or an interest free loan

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced that the central bank had decided to reduce the repo rate by 40 basis points from 4.4 per cent to 4 per cent. Das said that the RBI had also decided to reduce the reverse repo rate to 3.35 per cent. He said that the decision to cut the repo rate by 40 basis points was taken after a 5:1 vote among the six-member monetary policy committee, adding that the RBI had maintained an accommodative stance and it would keep supporting the economy till required. Watch the video for more.Also Read: Banking stocks top losers post RBI rate cut to support weak economy

Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank

In his policy briefing, Das says that on quantum of reduction, MPC voted with a 5-1 majority to reduce policy rate by 40 basis points from 4.4 per cent to 4 per cent

Apex bank had earlier extended scheme providing interest subsidy for post and pre-shipment export credit by a year till March 31, 2021; RBI announced a cut in repo rate by 40 bps to 4 per cent