Delivering MPC statement Friday, RBI guv said the central bank will buy Rs 500 bn of bonds on 11 Dec & similar amount on 18 Dec. It will hold $5 billion of buy/sell swap on 16 Dec.
RBI governor Sanjay Malhotra, in MPC statement, said the main purpose of open-market bond purchases was to infuse primary liquidity & not to influence the currency or bond yields.
India's retail inflation fell sharply to record low of 0.25% in Oct, data by MoSPI showed. This marks a shift from the last MPC announcement, when RBI maintained repo rate at 5.5%.
Sanctions, limitations are imposed to create 'unfair competitive advantage' for the West, says Alexander Stuglev. But, he adds, they have also created huge potential for new players.
Cosmetics, skincare brands set to benefit as UK pushes for fewer clearances. ‘We're excited to showcase best of UK innovation to one of world’s fastest-growing beauty markets’.
New Delhi, Dec 4 (PTI) India and Russia on Thursday discussed ways to boost bilateral cooperation in the agriculture sector to strengthen farm trade...
The political trajectory is clear. Asim Munir is now prepared to convict and sentence Imran Khan for instigating a rebellion against the army chief, with no possibility of mercy.
RBI data shows 26 states and Union Territories couldn’t regain pre-pandemic foreign tourist footfalls in 2024, but domestic tourism surged 27 percent compared to 2019.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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