The last day of the work week is going to be a busy one.
Farmers from Punjab have decided to resume their “Delhi Chalo” march today.
The RBI will make an announcement on rate cuts.
In the UK, Catherine, the Princess of Wales, will host her annual Christmas carol concert at Westminster Abbey.
Here’s how the day will unfold.
RBI to announce rate cuts
The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its bimonthly review of the economy on Wednesday, with the review scheduled to conclude on December 6.
The prevailing sentiment among most experts is that the central bank is likely to maintain interest rates at their current levels, with market participants closely monitoring any potential liquidity enhancement measures following a recent downturn in economic growth.
FM Sitharaman to start pre-Budget consultation
Finance Minister Nirmala Sitharaman will commence customary pre-budget consultations with various stakeholders beginning Friday.
As part of the process, she will meet eminent economists on December 6 to seek their inputs regarding upcoming Budget amid seven-quarter low GDP print of 5.4 per cent recorded in the second quarter of the current financial year.
‘Delhi Chalo’ march
Farmers from Punjab have decided to resume their “Delhi Chalo” march to press their demands, which include a legal assurance of minimum support price (MSP), before the BJP-led NDA government at the Centre.
Content retrieved from: https://www.firstpost.com/explainers/firstup-rbi-rate-cut-farmers-delhi-chalo-march-and-more-the-news-today-13841969.html.
