New Delhi, Mar 28 : Prime Minister Dr. Manmohan Singh on Saturday said that plenty of liquidity and low inflation gave room for further interest rate cuts.
Speaking to top Indian businessmen, Singh also said there were encouraging signs in some sectors of the economy.
"With ample liquidity and low inflation, there is scope perhaps for a further moderation in interest rates," Singh said.
The meeting assumes significance as it comes ahead of G-20 summit in London next month.
New Delhi, Mar 28: Prime Minister Dr. Manmohan Singh on Saturday reviewed the current economic situation with top industry leaders.
Dr. Singh sought their views on India''s stand at the G-20 summit for a way out of the global crisis.
The meeting was attended by Tata group head Ratan Tata, Aditya Birla group chairman Kumar Mangalam Birla, ICICI Managing Director and CEO K V Kamath, Essar Group''s Shashi Ruia and FICCI President Harsh Pati Singhania.
New Delhi, Mar 27 : Prime Minister Dr. Manmohan Singh will have his first meeting with United States (US) President Barack Obama on the sidelines of the G-20 summit in London on April 2.
Singh, who is leaving for London on March 31 to attend the summit, will meet Obama and heads of other developed and developing nations and representatives of International Monetary Fund, World Bank and the Asian Development Bank.
New Delhi, Mar 27 : The nation is celebrating Ugadi, Chaitra and Navratra, the official beginning of summer according to the Hindu calendar on Friday.
President Pratibha Devisingh Patil has sent her best wishes to the people on the occasion.
In her message, she said that these festivals celebrated in a wide variety of ways in different parts of the country, reflect our diversity and yet underline the unity of the nation.
Mathura/Bangalore/Varanasi, Mar 25: Prime ministerial candidate of the Bharatiya Janata Party (BJP), L K Advani has reiterated that Prime Minister Manmohan Singh is the weakest Prime Minister of India.
While addressing a public rally in Mathura, Advani lashed out at the Congress saying the party chief Sonia Gandhi wields the real power.
New Delhi, Mar 24 : Prime Minister Manmohan Singh on Tuesday criticised Bharatiya Janata Party (BJP) prime ministerial candidate L. K. Advani for calling him a weak leader.