The Reserve Bank of India reduced the repo rate by 25 bps to 5.15% on Friday to boost growth while keeping the policy stance accommodative. “The MPC decided to continue with an accommodative stance as long as it is necessary to revive growth while ensuring inflation remains within the target range. The RBI revised GDP […]
India was a net importer of steel during the 2018-19 fiscal year, the first time in three years, as the country lost market share among its traditional steel buyers and imports jumped on demand for higher quality steel domestically. The country’s finished steel exports fell by 34% in the fiscal year that ended in March […]
