The government announced recently that it will borrow Rs 4.34 trillion in the second half of the fiscal.
RBI has announced that for the week ending September 11, bank credit jumped by 5.26 percent to 102 lakh crore INR. Deposits jumped by nearly 12 percent to Rs 142 lakh crore.
The Reserve Bank of India has kept the key rates unchanged in the recent policy meeting.
Ruchir Sharma has been tracking emerging markets for years and he has been reminding business community about the factors that are important for countries to stay on growth path.
Indian GDP numbers announced today have taken market experts and economic analysts by surprise.
Indian Gross Domestic Product declined at a much higher pace than what markets were expecting.
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