From RBI MPC's decision to keep the repo rate unchanged to the latest on coronavirus, here are the day's top headlines
The MPC's action has not surprised as CPI inflation for December left little room for a rate cut
The committee voted 6-0 in favour of the status quo on the interest rates.
Following the November print of 5.54%, RBI had sprung a surprise and opted to hold the repo rate at 5.15 per cent. It, however, continued with the accommodative stance as long as it was necessary.
The Indian economy is expected to expand by 7.5 per cent in nominal terms and lower nominal growth can make debt servicing difficult for the government and private borrowers
The market and economists were expecting a sure cut in the policy review, considering the weak growth rate
RBI's next move will depend on the Budget
If Reserve Bank's rate cut pause has shocked you, blame it on inflation
With the RBI's rate-setting meeting over, the attention now turns to the US Federal Reserve's (US Fed's) two-day policy meet that begins on December 11
Knight FRank India CMD Shishir Baijal said the RBI's decision to not lower interest rate has come "as a surprise and a bit of a disappointment to the industry"
From RBI's surprise on repo rate to the Reserve Bank raising the lending limit of Peer-To-Peer platforms five-fold, Business Standard brings you the top headlines of the day
GDP growth forecast for FY20 has been revised downwards from 6.1 per cent in the October policy to 5 per cent
If the Reserve Bank of India (RBI) cuts the repo rate on Thursday, it would be the sixth reduction in the short-term lending rate in 2019
Most highly rated companies are enjoying rate benefit of more than 150 basis points in their working capital raised from the market
At 4.75%, India will still offer positive rates of return to investors seeking high yields
The lead edit explains why the 25 basis point cut in the policy rate is an appropriate call
The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data
The RBI's action was also influenced by central banks globally, especially those of the emerging markets
The six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points to 5.15 per cent
The cut in GDP projection for FY20 is curious because it is also an admission that these 135 bps cuts in interest rates will not have a major impact on growth this year