Start learning 50% faster. Sign in now
• According to the Reserve Bank of India’s (RBI’s) state of the economy report, The Indian corporate sector must get its act together to take advantage of the lower borrowing cost to make capital expenditure (capex) and relieve the government of heavy lifting. • The report, authored by RBI staff, including Deputy Governor Michael Debabrata Patra, expects the current liquidity conditions to ease with government spending, and inflation expectations to edge down, while observing that unsecured loans continued to grow despite an increase in risk weighting. • The report pointed out fixed asset growth was evident in the oil and gas sector and in chemicals. • In sectors such as steel and automobiles, for which stock returns have exceeded index returns, fixed asset additions have, however, been underwhelming. • According to the report, the power sector’s capex plans are the most ambitious, but leverage is high among distribution companies. Learn Along About RBI Founded: 1 April 1935 Headquarters: Mumbai Governor: Shaktikanta Das
What is the name of the newly launched ₹1,500 crore semiconductor research and development fundunder the Semicon India Program?
Which city of India hosted the SCO Film Festival 2023?
Social e-commerce platform DealShare will invest _______ in small and medium Indian brands, including its own private labels, over the next five years.
Under the PM GatiShakti initiative, what technology is primarily used in the national master plan portal for infrastructure planning?
What percentage growth in remittances was recorded in August 2024 under the Liberalised Remittance Scheme (LRS) compared to July 2024?