Indian Manufacturing Sector slowdown justifies RBI's decision to cut rates
India's manufacturing purchasing manager's index (PMI), a metric to determine the country's export performance, has been at its lowest in the past few months. As exports have dropped considerably, the central bank's decision to cut rates and boost production seems prudent. (LiveMint)
Tata's Vistara considering seat reconfiguration following dismal results
Tata's full-service carrier Vistara showed great promise as it started its operations early this year. But few takers for its Premium Economy and Business segments have forced it to rethink the seat configuration in its new Airbus aircrafts. Vistara was apparently built keeping in mind international voyages, but with the government showing no signs of rescinding the 5/20 rule to protect Air India, what will Vistara have to do to survive? (LiveMint)
Video: Understanding bank instruments to control inflation
A common question in b-school interviews is to explain the funda behind Cash Reserve Ratio and the like. These instruments to control inflation are well-explained in this short video.
Happy mind-chomp!
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