Swaminathan Aiyar evaluates the BJP’s success in the Haryana Assembly elections despite a prior general election setback. He emphasizes factors like candidate choice and vote distribution as crucial reasons for the BJP’s win. Aiyar also discusses the broader implications for the BJP, analyzing market reactions, populist promises, and upcoming elections in Maharashtra.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,