Rate Cut to Have Limited Impact on Industry: AV Rajwade
PUBLISHED ON: October 27, 2014 | Duration: 13 min, 17 sec
Forex and treasury risk management consultant AV Rajwade said interest payments formed barely 2-2.5 per cent of revenue of Nifty companies. The government should work towards reducing regulatory and tax tangles to revive the animal spirit of industries, he added.
