As expected, in its second bi-monthly monetary policy review for 2021-2022, RBI kept the main policy rates unchanged. Cash Reserve Ratio (CRR) remained unchanged at 4%. As a reminder, this rate was brought down from 4.40% in March 2020. Cash Reserve Ratio (CRR) is the
Yes, there is a dichotomy between markets and the economy. There usually is in the short-term. Markets look ahead while the economy looks backwards. The stark opposite movement of the Nifty and the economy during this pandemic just brought this to the fore. Needless to
As I write this article, Nifty is back at 11,500 levels, a 42% jump from 8083 levels seen in April this year. While we still haven’t seen the 12,300 levels seen at the beginning of this calendar year, there has been more than a significant