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What is Monetary Policy Committee, and what is its function?
Updated : 3 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The MPC, or the Monetary Policy Committee under the Reserve Bank of India is a six-member body that is mandated to determine the policy interest rates required to achieve the inflation target, while keeping in mind the objective of economic growth.
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Sri Lankan PM vows to reduce country's inflation rate to 6 per cent by 202
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 5 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe on Tuesday said that the island country aimed to reduce the inflation rate to between 4 and 6 per cent by 2025.
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Rupee slumps to new record low of 79.38 against US dollar
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 5 (ANI): The Indian rupee slumped to a new record low of 79.38 against the US dollar on Tuesday amid continued foreign fund outflows and a widening trade deficit.
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Bajaj Finance FD rates have been revised w.e.f 1st July 2022, now earn ret
Updated : 3 years, 8 months ago IST
Pune (Maharashtra) [India], July 5 (ANI/NewsVoir): In these unpredictable times, a sound investment strategy can help one's hard-earned money expand while protecting it from market volatility.
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EXPLAINED: Why central banks, including the RBI, raising lending rates agg
Updated : 3 years, 8 months ago IST
New Delhi [India], July 4 (ANI): Countries across the world have been grappling with unprecedented levels of inflation. In the US, the inflation rate has increased by an unparalleled amount of 8.6 per cent in May 2022, reaching a forty-year high.
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India registers 16,135 new COVID cases in last 24 hours
Updated : 3 years, 8 months ago IST
New Delhi [India], July 4 (ANI): India reported 16,135 new COVID cases in the last 24 hours with a daily case positivity rate of 4.85 per cent, as per the Union Ministry of Health and Family Welfare on Monday.
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Amazon owner Jeff Bezos goes 'Ouch' over Biden's appeal to lower gas rates
Updated : 3 years, 8 months ago IST
Washington [US], July 4 (ANI): Amazon owner Jeff Bezos has criticised US President Joe Biden for calling on oil companies to lower gasoline prices.
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Chinese yuan weakens to 6.7071 against dollar
Updated : 3 years, 8 months ago IST
Beijing [China], July 4 (ANI): The central parity rate of the Chinese currency weakened 208 pips to 6.7071 against the US dollar Monday, media reported citing China Foreign Exchange Trade System.
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India records 16,103 new COVID cases in last 24 hours
Updated : 3 years, 8 months ago IST
New Delhi [India], July 3 (ANI): Registering a dip in number of cases, India reported 16,103 new COVID cases in the last 24 hours with a daily case positivity rate of 4.27 per cent, as per the Union Ministry of Health and Family Welfare on Sunday.
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Delhi reports 678 new COVID-19 cases in last 24 hours
Updated : 3 years, 9 months ago IST
New Delhi [India] July 2 (ANI): Recording a slight decrease, Delhi reported 678 new COVID-19 cases and two deaths in the last 24 hours, as per the Delhi government health bulletin on Saturday.
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Govinda and Swwapnil Joshi came at the success celebration of Namma Homeop
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI/NewsVoir): Namma Homeopathy is an advanced No. 1 leading Homeopathic chain of clinics in Karnataka and Maharashtra with a vision of providing the best health care services and treatment through its advanced Immunogenic Miasmatic 6th Generation Homeop
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Italy's COVID-19 transmission rate rises for 4th consecutive week
Updated : 3 years, 9 months ago IST
Rome [Italy], July 2 (ANI/Xinhua): Italy's COVID-19 transmission rate has increased for the fourth consecutive week, according to a weekly government report released Friday.
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