by Karan Vora | Jan 17, 2020 | Insights
RBI’s monetary policy committee maintained the accommodative stance and slashed the repo rate by 25 bps to 5.15% from 5.40% on 4th October 2019. The rate was earlier reduced by 35 basis points from 5.75% to 5.40% in August 2019. This is 5th consecutive rate cut by RBI...
by Karan Vora | Jan 17, 2020 | Insights
This article was published by Journal of Chartered Accountants Association in the issue of October 2019. Link to Journal of Chartered Accountants Association, Ahmedabad: https://www.caa-ahm.org/JournalDetail.php Link to published...
by Karan Vora | Nov 7, 2019 | Insights
Government presented Union Budget 2019-20 in July amidst challenging global environment and notable slowdown in GDP growth rate of India. The chief economic advisor has set the goal in economic survey to make India a 5 Trillion $ economy by 2025. Emphasis has been...
by Karan Vora | Oct 17, 2019 | Insights
In wake of IL&FS and banking sector crisis the Indian economy is slowing down its pace primarily due to liquidity crunch. The estimated growth rate of economy has also been revised to 7% from 7.2% in April by RBI. The Indian economy has grown by 6.8 per cent in...