The Indian market closed higher on Monday for the second day in a row. The S&P BSE Sensex rose 145 points while the Nifty50 closed above 24,500.
What does a rate cut after 5 years mean for the economy? Dinesh Kumar Khara explains
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes