The views in India’s Monetary Policy Committee have become louder with outgoing members Ashima Goyal and J R Varma warning about the risks of a ‘higher-for-longer’ interest rate approach to economic growth. Both members voted for a repo rate cut, citing concerns over excessive monetary tightening’s impact on growth.
Steel quality rules deferred by a month
“The mandatory adherence requirement of input steel for imports of steel products with bill of lading having shipped on board date on or before July