Finance Minister Nirmala Sitharaman said that authorities will make sure that public sector and private banks pass on the benefits of rate cuts to consumers.
Financial services major HSBC has predicted 7.2 percent contraction for India’s GDP, as per comments from HSBC India’ Chief Economist Pranjul Bhandari.
Bajaj Auto Managing Director Rajiv Bajaj is the only business leader in India who has spoken against the BJP government’s action to deal with COVID-19 pandemic.