Instant tip

This fortnight's burning question: Has RBI done enough in this credit policy to stave off a slowdown?

No. Amit Mitra, Secretary General, FICCI
India is not exactly in slowdown mode like the US. We are growing at a fast pace. However, some sectors are showing some slackening, as is evident from the latest quarterly figures for the manufacturing sector. RBI could have done a rethink and cut interest rates to give a boost to this sector. Looks like it is following a conservative policy and giving inflation containment its top priority.

Maybe. Naresh Takkar, Managing Director, ICRA
The economic prospects remain favourable. While there is growth moderation in some sectors, on an aggregate basis, I do not expect any significant slowdown. Thus, in a situation where the domestic growth momentum is positive, but the money supply is growing fast, and given the inherent inflationary pressures, any monetary stimulus from the RBI was not required.

Maybe. Shubhada Rao, Chief Economist, YES Bank
The status quo in interest rates indicates that the balance of risks is tilting towards inflation management at this point. We believe growth is moderating.