Management Speaks

Amiya Samantaray

Director & Founder

Alok Samantaray

MD & Founder

RAYRC consulting has found new dimensions looking at constantly changing industry need. Our technologies gives us edge, our professional auditors gives us insight and we have constant thrive to give operational edge using our service. Being with RAYRC gives you access to most advanced techno functional expertise providing solutions unparalleled.

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MD's Blog

ONGOING WORLD ISSUES TRIGGERED BY TRADE WAR AND ITS WAYS OUT

In recent time, world economy clouded by disruptive elements such as tariff war and unilateral decision to impose sanctions.

Dt - July 20 2018, 5.10 pm

Global Markets

RBI VS GOVT, A CASE OF GREED OR CONVICTION?

In unprecedented case that all members of the monetary policy committee turned down to meet finance ministry officials. Then the central bank keep rate unchanged and unwilling to put its credibility at stake by cutting rates when it is unsure of the outcome.

India needs to do a lot in all front to push IIP growth. Push in fiscal policies and to boost manufacturing sector is highly essential to keep economics prudence check.

Most Market remains positive as expected after FED announcement .Which, paused on interest rate and give a dovish view on QE reversal.

Apparently economic conditions had improved sufficiently to warrant a further increase in the target range for the federal funds rate.

Inflation rate in US beat market expectation and made strong pitch for increase Interest rate. However, the growth concerns in Euro zone remains gloomy,while the BRICS are facing high inflation pressure.