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Prime Minister Narendra Modi. (HT Photo)

RBI’s steps will improve credit supply, help small businesses, says PM Modi

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON APR 17, 2020 02:43 PM IST
Earlier this morning, the RBI cut the reverse repo rate and announced a slew of measures including re-finance window of Rs 50,000 crore and targeted long term repo auction of similar amount to deal with the impact of the Covid-19 pandemic.
Measures announced by the finance minister to boost demand are primarily focused on the auto sector.(MINT File)
Measures announced by the finance minister to boost demand are primarily focused on the auto sector.(MINT File)

State of Indian economy: Decoding the 5% problem

New Delhi | By Roshan Kishore
UPDATED ON SEP 01, 2019 10:06 AM IST
The June quarter is not an aberration. India’s GDP growth rate has been slowing for five consecutive quarters now. This is only the second instance since December 1999 that the GDP growth rate has fallen for five straight quarters.
By India house prices will rise at half the rate of consumer price inflation next year, hit by dwindling credit supply, according to a Reuters poll of housing market experts who said Delhi, the national capital, will be hit hardest.(HT Photo)
By India house prices will rise at half the rate of consumer price inflation next year, hit by dwindling credit supply, according to a Reuters poll of housing market experts who said Delhi, the national capital, will be hit hardest.(HT Photo)

India house prices to rise at half the rate of inflation, Delhi to be hit hardest

Bengaluru | By Reuters
UPDATED ON NOV 16, 2018 09:13 PM IST
House prices have risen at almost double-digit rates for over a decade in a country of 1.3 billion people, where for many, owning a home is still a dream. Major cities in India have become some of the most densely populated in the world.
A major obstacle for growth of MSMEs is their inability to access timely and adequate finance as most of them are in niche segments where credit appraisal is a major challenge.(Reuters/Picture for representation)
A major obstacle for growth of MSMEs is their inability to access timely and adequate finance as most of them are in niche segments where credit appraisal is a major challenge.(Reuters/Picture for representation)

Demonetisation led to decline in MSME sector, GST dented exports: RBI study

Mumbai | By Press Trust of India
UPDATED ON AUG 17, 2018 10:45 PM IST
The MSME sector constitutes a vast network of over 63 million units and employs around 111 million people, contributing around 30% to the GDP, accounting for about 45% of manufacturing output and around 40% of total exports.
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