Real estate industry unhappy over RBI's policy

The realty sector is the growth-engine of the nation's economy, but it seems the sector does not figure in RBI's policies at all, Magazine added.

Interest rate cut would have given wrong signal: Rangarajan

Justifying the decision of the Reserve Bank to keep key policy rates unchanged to check inflation, Prime Minister's economic advisor C Rangarajan Tuesday said interest rate cut would have given a wrong signal.

Industry disappointed with RBI keeping policy rates unchanged

Indian industry is disappointed with RBI's decision to leave interest rates unchanged and said an opportunity is lost in reviving the growth momentum in the economy.

Economy to grow below 6% in first half this year: Kaushik Basu

On economic growth, he said that the world is going through difficult times and it is imminent that GDP would slow down in the first two quarters of the fiscal.