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“From the RBI’s side, we wanted to ensure the structure should ensure continuity in policy as the market attempts to understand the voting patterns of new MPC members”, he said.

During the calender year, RBI has reduced the rate thrice by 0.75 percent.

Low interest rates have helped boost stocks since the financial crisis, raising some concerns about how the market will react when rates begin to rise.

“We hope RBI announces rate cut of at least 25 basis points in its next policy meeting, would somewhat help the sector in clearing its unsold inventory”, said Samir Jasuja, CEO and founder at PropEquity, a real estate data, analytics and research firm.

The following are reactions from industry experts and analysts on RBI’s monetary policy announced today.

The Reserve Bank of India (RBI) also said government economic reforms and the timing of any increase in US interest rates would be key factors that will determine whether the central bank cuts rates for a fourth time this year.

The tone of the monetary policy stance continues to remain cautious as against expectations of dovish stance.

The rupee has fallen more than 4 per cent against the dollar since the end of January while Indian equities are barely in positive territory this year.

And the FOMC’s largely upbeat policy statement suggests the economy is on track to meet those conditions. However, the latest statements from the US Federal Reserve also signal that a US interest rate hike is coming closer, hence giving rise to a stronger US dollar at the...

The only question seems to be when.

Once the decision was made by Cue and Apple CEO Tim Cook, Cue called Swift on the phone from her tour in Amsterdam. “Please don’t ask us to provide you with our music for no compensation”, the artist said, speaking on behalf of all recording artists in the open...