The Finance Ministry on Wednesday said the Reserve Bank of India's monetary policy stance and macro-prudential measures may have contributed to the demand slowdown in the economy.
However, the possibility that structural factors may also have contributed to the slowdown in H1 should not be ruled out, the ministry said in the monthly economic review for November.
It is "good news" that the RBI lowered the cash reserve ratio (CRR) from 4.5% to 4% in its policy meeting in December 2024, the ministry said, adding that it should help boost credit growth, which has slowed a little too much and quickly in FY25.
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Across the Aisle
Commentators described the BJP-led government as a 'minority' government that will force Mr Modi to be more circumspect and restrained. I did not share that view. They thought that Mr Modi will be more deferent to Parliament, but that too was belied by the Winter session. Apparently, on Mr Modi's instructions, the ministers and MPs carried on in the usual aggressive way, showed scant respect to Parliamentary rules and conventions, and rode roughshod over the Opposition
Defiant push to change Constitution
Support of two-thirds of the members present and voting required to pass a Constitution Amendment Bill.
What does the future hold for out-of-form India captain Rohit Sharma?
Rohit has had one 50-plus score in his last 14 visits to the crease, and his last Test hundred came in March in the home series against England, a high point for him as a batsman and skipper. The last home summer was a forgettable one and he has not reached double figures in his four innings in Australia since joining the team after the birth of his second child.
Biotech Advancements
Recent breakthroughs in the field of biotechnology are expected to provide solutions for dominant problems in 2025.
Adani Green Forms New Subsidiary for Renewables
ADANI GREEN ENERGY on Saturday incorporated a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited.
Scindia Meets FM to Discuss India Post's Profitability Path
COMMUNICATIONS MINISTER JYOTIRADITYA Scindia has met finance minister Nirmala Sitharaman to discuss India Post's path to profitability, an official release said on Saturday.
Zydus Wellness arm gets â¹56.33-cr GST demand
ZYDUS WELLNESS ON Saturday said its wholly-owned arm has received a GST demand of â¹56.33 crore, along with applicable interest and penalty from the tax authority.
Tax Officials Initiate Inspection of M&M Records in Chennai
MAHINDRA & MAHINDRA on Saturday said state tax authorities in Tamil Nadu initiated an inspection of records at one of the places of its business operations in Chennai.
Several Union Ministers, CMs to Join World Leaders in Davos for WEF Meet
UNION MINISTERS ASHWINI Vaishnaw, CR Patil, Chirag Paswan, K Ram Mohan Naidu and Jayant Chaudhary, alongside three chief ministers Devendra Fadnavis, Chandrababu Naidu and Revant Reddy, will join hundreds of government and business leaders from across the globe in Swiss ski resort town Davos next month for the World Economic Forum Annual Meeting 2025.
Reliance buys Karkinos Healthcare for â¹375 cr
BILLIONAIRE MUKESH AMBANI'S Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for â¹375 crore, the firm said on Saturday.
