So, spending is down 35% year-on-year or compared to what was budgeted and I think that is causing a little bit of a slowdown in the economy, apart from other reasons.
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish
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
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