Look beyond interest rate cut to spur growth
Apr 15,2016 , 01:05 AM IST | Opinion
The Reserve Bank of India (RBI) has cut repo rates by 25 points leading to a new low in interest rates of 6.25 per cent. Petrol price was hiked by Rs 5.26 and diesel by Rs 2.98 in three weeks and price index by some quirk logic hurtles down. Toll in Delhi itself increases from Rs 65 to Rs 100.