The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
A three-member bench, comprising Chief Justice of Pakistan (CJP) Umar Ata Bandial, Justice Ijazul Ahsan and Justice Munib Akhtar, reserved the judgment today after hearing all the parties, including the government, the PTI, the ECP and others. However, it did not hear the counsel of the coal
The Supreme Court has dismissed a plea for a pan India enquiry into alleged financial fraud in the working of the Kisan Credit Card system for farmers with the connivance of bank officials.
During the 31st Annual Management Convention of Thrissur Management Association, the deputy governor in his address said, "The huge gap in availability and utilisation of financial services by the urban and rural India is one such challenge."
The lack of coordinated fiscal and monetary policy responses, coupled with the complete inability of the central bank to keep inflation within the target range has led to a scenario where the country is on the verge of a hyperinflationary cycle.
The Governor said in a tweet, "Congratulations Team RBI for 88 years of dedicated service to the nation. It's an humbling moment. A day to rededicate ourselves to the responsibilities of this national institution."
Nigam has, over a span of more than three decades, served in Regulation and Supervision, Human Resource Management, Premises, Currency Management, Bank Accounts and other areas in the Reserve Bank, in its Central Office as well as Regional Offices.
Indian stocks traded largely steady Monday morning as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting, the first in 2023-24, starting today.
Sources said that the panel is to discuss global financial developments and how it impacts a country like India which is taking huge strides forward as a big player in promoting Startups.
Of these 10 companies (carrying approximately 1,000 personnel) includes four from the Central Reserve Police Force (CRPF) one from Indo-Tibetan Border Police (ITBP) and the rest from Sashastra Seema Bal (SSB), the sources said.
A total of 10 companies of Central Armed Police Forces (CAPFs), including Central Reserve Police Force, Indo-Tibetan Border Police, Sashastra Seema Bal have been sent to Bihar following the recent clash in the state that erupted in several parts of the state after Ram Navami processions.
While it initially covered nine tiger reserves spread over 18,278 sq km, India now has 53 reserves covering more than 75,000 sq km (approximately 2.4 per cent of the country's geographical area).