New Delhi, April 8 (IANS) The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent with a neutral stance reflected a balanced approach of controlling inflation and supporting economic growth, analysts said on Wednesday.Trade association ASSOCHAM appreciated the “calibrated step aimed at strengthening stability in the macroeconomic environment”, adding that it helps sustain growth momentum and ensure price stability.”This decision underscores the central bank’s ca…
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New Delhi, March 19 (IANS) Credit demand from micro, small, and medium enterprises (MSMEs) is expected to remain strong, driving India’s projected credit growth of around Rs 26 trillion in FY26, up around 14.3 per cent YoY, a report said on Thursday.Credit growth is projected to moderate 11.3-12 per cent or Rs 23.5 to Rs 25 trillion of incremental growth, in FY27, the joint report by ICRA Limited and ASSOCHAM said.The moderation is viewed as a normalisation following a high base in the previou…
New Delhi, Feb 6 (IANS) The RBI’s prudent monetary framework will reinforce market confidence, boost manufacturing and trade activities, and enhance India’s global competitiveness, leading industry chamber Assocham said on Friday.The RBI’s decision to maintain a stable policy stance and adopt calibrated measures will strengthen economic growth, consumer demand, producers’ sentiment, and exporters’ competitiveness. “The Monetary Policy Committee’s move to keep the repo rate unchange…
New Delhi, Feb 1 (IANS) The sharp increase in capital expenditure to Rs 12.2 lakh crore, along with new freight corridors, national waterways and city economic region development, directly addresses industry’s concerns around infrastructure gaps and logistics costs, leading industry chamber Assocham said on Sunday.Calling the Union Budget 2026–27 as a forward-looking and reform-driven one that strengthens the foundations of India’s medium- to long-term economic growth, the chamber said it …
New Delhi, Feb 1 (IANS) Industry experts on Sunday welcomed the Union Budget 2026, calling it progressive, balanced and aligned with India’s long-term growth goals.Speaking to IANS, Vipin Vohra, Chairman of Continental Carriers Private Limited, said the budget is very positive for the logistics sector.“The government has laid strong emphasis on logistics as exports from India continue to rise,” he noted.Vohra highlighted that one of the most important announcements for the sector is the al…