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“Going forward, India must continue down this path to modernise soft infrastructure: reforms in the bond market, expanding investor base, greater participation of the private sector and strengthening the regulation of public banks,” said Luis E Breuer, senior resident representative for India, International Monetary Fund (IMF). ....
And if I look at India s market share at this point in time, it is again, extremely negligible. But what is interesting though, is if you look at Russia s car sales last year and if you look at the rankings and the brands, and you can see that pretty much the Chinese auto companies have captured a large part of the market share, and they have sort of taken it from Korean, European and American brands. ....
MUMBAI: The Reserve Bank of India raised its benchmark repo rate by 50 basis points on Friday, the fourth straight increase, as policymakers extended their battle to tame stubbornly high inflation and analysts said further tightening is on the cards, according to Reuters. The monetary policy committee, comprising of three members from the RBI and three external members, raised ....